Mankato Youth Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 96,714 | 28,741 | 67,973 | 258.7 | 34% |
| 2020 | 455,148 | 392,945 | 62,203 | 20.8 | 54% |
| 2021 | 516,400 | 435,885 | 80,515 | 21.9 | 59% |
| 2022 | 930,830 | 513,764 | 417,066 | 27.2 | 52% |
| 2023 | 3,312,873 | 769,524 | 2,543,349 | 58.4 | 40% |
In its most recent public year (2023), this organization brought in $2,543,349 more than it spent. Its reserves stood at about 58.4 months of spending, down from 258.7 in 2019. Staff pay was 40% of spending. $1,441,514 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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