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Thoroughbred Breeders Association Of New Jersey

West Long Branch, NJ / EIN 21-6001631 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20112,696,5023,465,021−768,519-3.52%
20122,029,9901,500,151529,839-3.65%
20132,149,5711,916,036233,535-1.44%
20142,182,9571,799,169383,7881.14%
20151,973,4891,971,2742,2151.04%
20162,154,6502,150,3354,3151.04%
20171,966,4271,949,02517,4021.24%
20181,937,1221,843,43093,6921.94%
20191,641,7821,256,507385,2756.46%
20201,849,0571,537,929311,1287.75%
20211,749,0841,559,134189,9509.05%
20221,881,0481,989,298−108,2506.45%
20231,619,2581,926,056−306,7984.75%

In its most recent public year (2023), this organization spent $306,798 more than it brought in. Its reserves stood at about 4.7 months of spending, up from -3.5 in 2011. Staff pay was 5% of spending. $501,375 of its net assets are donor-restricted.

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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