Twin State American Saddlebred Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 134,046 | 154,545 | −20,499 | 10.9 | 4% |
| 2021 | 253,217 | 233,528 | 19,689 | 8.2 | 3% |
| 2022 | 289,997 | 273,761 | 16,236 | 7.5 | 3% |
| 2023 | 344,574 | 310,821 | 33,753 | 8.1 | 2% |
In its most recent public year (2023), this organization brought in $33,753 more than it spent. Its reserves stood at about 8.1 months of spending, down from 10.9 in 2020. Staff pay was 2% 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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