Speedway Parents & Teachers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 25,658 | 24,789 | 869 | 28.8 | — |
| 2022 | 58,246 | 46,306 | 11,940 | 18.5 | — |
| 2023 | 57,221 | 64,292 | −7,071 | 12.0 | — |
| 2024 | 54,786 | 55,450 | −664 | 13.8 | — |
In its most recent public year (2024), this organization spent $664 more than it brought in. Its reserves stood at about 13.8 months of spending, down from 28.8 in 2021.
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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