Bluegrass Steeplechase Estates Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 82,568 | 128,748 | −46,180 | -34.2 | 0% |
| 2022 | 89,559 | 131,507 | −41,948 | -37.3 | 0% |
| 2023 | 91,260 | 152,185 | −60,925 | -37.0 | 0% |
| 2024 | 88,253 | 154,814 | −66,561 | -41.6 | 0% |
In its most recent public year (2024), this organization spent $66,561 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-41.6 months), down from -34.2 in 2021. 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 2024. 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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