Michigan Horsemens Benevolent & Protective Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 119,223 | 127,706 | −8,483 | 2.0 | — |
| 2012 | 103,248 | 102,009 | 1,239 | 2.6 | — |
| 2013 | 110,061 | 107,541 | 2,520 | 2.8 | — |
| 2014 | 440,620 | 609,162 | −168,542 | -2.8 | 7% |
| 2015 | 332,541 | 227,666 | 104,875 | -2.1 | 20% |
| 2016 | 314,581 | 116,896 | 197,685 | 16.3 | 38% |
| 2017 | 358,198 | 303,822 | 54,376 | 8.4 | 15% |
| 2018 | 25,879 | 135,969 | −110,090 | 9.1 | 34% |
| 2023 | 83 | 6,414 | −6,331 | 216.6 | 0% |
In its most recent public year (2023), this organization spent $6,331 more than it brought in. Its reserves stood at about 216.6 months of spending, up from 2 in 2011. 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
Michigan Horsemens Benevolent & Protective Association Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works