Illinois Quarter Horse Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 86,446 | 95,588 | −9,142 | 21.8 | — |
| 2012 | 110,989 | 68,654 | 42,335 | 37.7 | — |
| 2013 | 88,739 | 89,826 | −1,087 | 28.7 | — |
| 2014 | 109,718 | 70,768 | 38,950 | 43.0 | — |
| 2015 | 103,163 | 104,442 | −1,279 | 29.0 | — |
| 2016 | 84,476 | 73,931 | 10,545 | 42.6 | — |
| 2017 | 137,005 | 84,600 | 52,405 | 44.7 | 0% |
| 2018 | 83,362 | 69,619 | 13,743 | 56.7 | — |
| 2019 | 86,197 | 78,183 | 8,014 | 51.7 | — |
| 2020 | 12,905 | 57,959 | −45,054 | 60.4 | — |
| 2021 | 32,663 | 45,069 | −12,406 | 74.4 | — |
| 2022 | 70,997 | 88,274 | −17,277 | 35.1 | — |
| 2023 | 110,051 | 77,574 | 32,477 | 45.0 | — |
In its most recent public year (2023), this organization brought in $32,477 more than it spent. Its reserves stood at about 45 months of spending, up from 21.8 in 2011.
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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