Equestrian Connection Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,964,258 | 1,891,673 | 1,072,585 | 37.5 | 52% |
| 2021 | 1,834,208 | 1,878,924 | −44,716 | 37.5 | 53% |
| 2022 | 2,198,237 | 1,890,449 | 307,788 | 39.2 | 54% |
| 2023 | 1,445,577 | 1,766,559 | −320,982 | 39.7 | 55% |
In its most recent public year (2023), this organization spent $320,982 more than it brought in. Its reserves stood at about 39.7 months of spending, up from 37.5 in 2020. Staff pay was 55% 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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