Blue Skies Riding Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 448,072 | 389,632 | 58,440 | -6.0 | 8% |
| 2021 | 264,481 | 288,679 | −24,198 | -9.1 | 10% |
| 2022 | 246,012 | 320,118 | −74,106 | 1.2 | 0% |
| 2023 | 236,518 | 293,479 | −56,961 | -1.1 | 0% |
In its most recent public year (2023), this organization spent $56,961 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), up from -6 in 2020. 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
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