First In Upper Midwest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 150,154 | 128,389 | 21,765 | 2.0 | — |
| 2021 | 25,271 | 7,495 | 17,776 | 62.1 | — |
| 2022 | 12,004 | 23,964 | −11,960 | 13.4 | — |
| 2023 | 63,170 | 28,544 | 34,626 | 22.8 | — |
| 2024 | 165,210 | 131,409 | 33,801 | 8.0 | — |
In its most recent public year (2024), this organization brought in $33,801 more than it spent. Its reserves stood at about 8 months of spending, up from 2 in 2020.
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 2024. 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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