Nyeland Promise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 174,749 | 116,974 | 57,775 | 7.9 | — |
| 2021 | 162,420 | 147,186 | 15,234 | 7.5 | — |
| 2022 | 113,317 | 89,408 | 23,909 | 15.6 | — |
| 2023 | 158,703 | 143,926 | 14,777 | 10.9 | — |
In its most recent public year (2023), this organization brought in $14,777 more than it spent. Its reserves stood at about 10.9 months of spending, up from 7.9 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 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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