North Carolina Quarter Midget Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 224,311 | 145,661 | 78,650 | 31.5 | 0% |
| 2012 | 205,809 | 113,590 | 92,219 | 50.1 | 0% |
| 2013 | 215,523 | 117,042 | 98,481 | 58.7 | 0% |
| 2014 | 466,300 | 109,183 | 357,117 | 102.3 | 0% |
| 2015 | 68,561 | 99,342 | −30,781 | 108.7 | 0% |
| 2016 | 83,968 | 110,636 | −26,668 | 94.7 | 0% |
| 2017 | 66,983 | 96,342 | −29,359 | 105.1 | 0% |
| 2018 | 80,971 | 110,873 | −29,902 | 88.1 | 0% |
| 2019 | 77,401 | 101,349 | −23,948 | 93.6 | 0% |
| 2020 | 79,160 | 104,453 | −25,293 | 87.9 | 0% |
| 2021 | 97,338 | 118,889 | −21,551 | 75.0 | 0% |
| 2022 | 86,168 | 111,934 | −25,766 | 76.9 | 0% |
| 2023 | 92,364 | 120,158 | −27,794 | 68.9 | 0% |
In its most recent public year (2023), this organization spent $27,794 more than it brought in. Its reserves stood at about 68.9 months of spending, up from 31.5 in 2011. 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
North Carolina Quarter Midget Association'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