New England Equitation Championships Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 454,022 | 396,564 | 57,458 | 5.9 | 0% |
| 2021 | 480,591 | 405,627 | 74,964 | 8.0 | 0% |
| 2022 | 498,053 | 458,081 | 39,972 | 8.1 | 0% |
| 2023 | 475,306 | 506,947 | −31,641 | 6.6 | 0% |
In its most recent public year (2023), this organization spent $31,641 more than it brought in. Its reserves stood at about 6.6 months of spending. 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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