Mustangs Forever Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2019 | $345,514 | $394,503 | −$48,989 | 51.1 | 38% |
| 2020 | $1,344,915 | $578,795 | $766,120 | 50.7 | 26% |
| 2021 | $742,754 | $563,670 | $179,084 | 55.9 | 26% |
| 2022 | $325,776 | $431,763 | −$105,987 | 70.1 | 34% |
| 2023 | $201,101 | $389,127 | −$188,026 | 71.9 | 38% |
In its most recent public year (2023), this organization spent $188,026 more than it brought in. Its reserves stood at about 71.9 months of spending, up from 51.1 in 2019. Staff pay was 38% 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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