Arabian Horse Association Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 73,751 | 73,751 | 0 | 6.2 | — |
| 2019 | 117,075 | 104,026 | 13,049 | 5.9 | — |
| 2020 | 4,035 | 8,945 | −4,910 | 62.2 | — |
| 2021 | 3,480 | 4,934 | −1,454 | 109.2 | — |
| 2023 | 80,207 | 65,799 | 14,408 | 13.0 | — |
In its most recent public year (2023), this organization brought in $14,408 more than it spent. Its reserves stood at about 13 months of spending, up from 6.2 in 2018.
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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