L5flyers Racing Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −1,463 | 2,739 | −4,202 | 52.5 | — |
| 2012 | 17,032 | 5,588 | 11,444 | 50.3 | — |
| 2013 | 220 | 4,925 | −4,705 | 45.6 | — |
| 2014 | 17,681 | 9,552 | 8,129 | 33.7 | — |
| 2015 | 22,029 | 10,427 | 11,602 | 44.2 | — |
| 2016 | 4,622 | 8,514 | −3,892 | 48.7 | — |
| 2017 | 10,130 | 9,887 | 243 | 42.2 | — |
| 2018 | 9,585 | 7,418 | 2,167 | 59.8 | — |
| 2019 | 20,734 | 21,824 | −1,090 | 19.7 | — |
| 2020 | 25,665 | 18,634 | 7,031 | 27.6 | — |
| 2021 | 18,736 | 10,638 | 8,098 | 57.5 | — |
| 2022 | 3,240 | 27,600 | −24,360 | 11.6 | — |
| 2023 | 10,507 | 13,035 | −2,528 | 22.2 | — |
In its most recent public year (2023), this organization spent $2,528 more than it brought in. Its reserves stood at about 22.2 months of spending, down from 52.5 in 2011.
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
L5flyers Racing Incorporated'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