Apache County Fair & Racing Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 261,104 | 216,153 | 44,951 | 8.9 | 0% |
| 2022 | 329,419 | 240,597 | 88,822 | 12.4 | 0% |
| 2023 | 274,745 | 295,184 | −20,439 | 9.7 | 0% |
In its most recent public year (2023), this organization spent $20,439 more than it brought in. Its reserves stood at about 9.7 months of spending. Staff pay was 0% 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
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