Far Hills Race Meeting Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,341,663 | 2,220,521 | 121,142 | 26.9 | 0% |
| 2011 | 2,557,666 | 2,385,196 | 172,470 | 25.9 | 0% |
| 2012 | 3,064,100 | 2,460,117 | 603,983 | 28.1 | 0% |
| 2013 | 2,933,259 | 2,855,532 | 77,727 | 24.5 | 0% |
| 2014 | 3,470,283 | 3,214,344 | 255,939 | 22.7 | 0% |
| 2015 | 3,663,860 | 3,135,626 | 528,234 | 25.3 | 0% |
| 2016 | 4,185,646 | 3,603,232 | 582,414 | 24.0 | 0% |
| 2017 | 3,880,439 | 3,749,895 | 130,544 | 23.6 | 0% |
| 2018 | 3,300,975 | 3,924,675 | −623,700 | 20.5 | 0% |
| 2019 | 3,269,503 | 3,414,610 | −145,107 | 23.7 | 0% |
| 2020 | 352,833 | 835,773 | −482,940 | 90.8 | 0% |
| 2021 | 3,433,382 | 2,818,847 | 614,535 | 30.3 | 0% |
| 2022 | 3,701,526 | 3,223,451 | 478,075 | 27.9 | 0% |
| 2023 | 3,408,211 | 3,708,849 | −300,638 | 23.5 | 0% |
In its most recent public year (2023), this organization spent $300,638 more than it brought in. Its reserves stood at about 23.5 months of spending, down from 26.9 in 2010. Staff pay was 0% 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
Far Hills Race Meeting Association Inc'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