Hawkeye Downs Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,833,348 | 497,552 | 1,335,796 | 16.9 | 24% |
| 2021 | 524,575 | 693,476 | −168,901 | 9.8 | 24% |
| 2022 | 636,898 | 900,207 | −263,309 | 4.0 | 23% |
| 2023 | 868,732 | 885,813 | −17,081 | 2.9 | 21% |
In its most recent public year (2023), this organization spent $17,081 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 16.9 in 2020. Staff pay was 21% 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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