North Dakota Quarter Horse Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 217,048 | 189,243 | 27,805 | 6.5 | 2% |
| 2021 | 179,653 | 205,145 | −25,492 | 4.5 | — |
| 2022 | 183,650 | 195,386 | −11,736 | 4.0 | — |
| 2023 | 176,110 | 177,347 | −1,237 | 4.3 | — |
In its most recent public year (2023), this organization spent $1,237 more than it brought in. Its reserves stood at about 4.3 months of spending, down from 6.5 in 2020.
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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