Minnesota Minghua Chinese School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,345 | 157,597 | −9,252 | 8.6 | — |
| 2012 | 122,940 | 136,246 | −13,306 | 8.8 | — |
| 2013 | 140,313 | 121,830 | 18,483 | 11.7 | — |
| 2014 | 182,316 | 148,403 | 33,913 | 12.4 | — |
| 2015 | 141,500 | 137,684 | 3,816 | 13.7 | — |
| 2016 | 136,008 | 117,845 | 18,163 | 13.3 | — |
| 2017 | 151,520 | 152,284 | −764 | 10.5 | 34% |
| 2018 | 137,232 | 127,748 | 9,484 | 13.4 | 39% |
| 2019 | 205,807 | 173,330 | 32,477 | 12.1 | 28% |
| 2020 | 207,877 | 170,903 | 36,974 | 14.8 | 39% |
| 2021 | 150,020 | 143,425 | 6,595 | 21.3 | 59% |
| 2022 | 203,781 | 128,215 | 75,566 | 29.6 | 47% |
| 2023 | 226,746 | 168,407 | 58,339 | 26.5 | 30% |
In its most recent public year (2023), this organization brought in $58,339 more than it spent. Its reserves stood at about 26.5 months of spending, up from 8.6 in 2011. Staff pay was 30% of spending.
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
Minnesota Minghua Chinese School's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works