Clovis Rodeo Association Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,367 | 50,607 | 18,760 | 16.1 | — |
| 2021 | 82,494 | 48,572 | 33,922 | 25.2 | — |
| 2022 | 167,459 | 138,079 | 29,380 | 11.4 | — |
| 2023 | 1,396,915 | 169,579 | 1,227,336 | 96.1 | 0% |
In its most recent public year (2023), this organization brought in $1,227,336 more than it spent. Its reserves stood at about 96.1 months of spending, up from 16.1 in 2020. Staff pay was 0% 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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