Niagara Frontier Boat Racing Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 623 | 2,295 | −1,672 | 218.9 | — |
| 2021 | 10,378 | 1,508 | 8,870 | 403.8 | — |
| 2022 | −24,538 | 2,785 | −27,323 | 147.3 | — |
| 2023 | −16,101 | 841 | −16,942 | 245.9 | — |
In its most recent public year (2023), this organization spent $16,942 more than it brought in. Its reserves stood at about 245.9 months of spending, up from 218.9 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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