everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Department Of Public Transformation

Granite Falls, MN / EIN 83-0770235 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201956,68530,60026,08522.9
2020369,921375,206−5,2851.610%
2021742,748517,926224,8227.319%
2022941,673390,644551,02934.744%
2023583,779766,570−182,79114.839%

In its most recent public year (2023), this organization spent $182,791 more than it brought in. Its reserves stood at about 14.8 months of spending, down from 22.9 in 2019. Staff pay was 39% of spending. $363,846 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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