American Hereford Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 6,071,779 | 5,535,859 | 535,920 | 38.7 | 32% |
| 2022 | 6,129,431 | 5,577,715 | 551,716 | 34.5 | 31% |
| 2023 | 5,871,024 | 5,818,686 | 52,338 | 34.8 | 32% |
| 2024 | 6,767,264 | 6,523,767 | 243,497 | 35.5 | 30% |
In its most recent public year (2024), this organization brought in $243,497 more than it spent. Its reserves stood at about 35.5 months of spending, down from 38.7 in 2021. Staff pay was 30% 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 2024. 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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