Bay Meadows Community Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 443,164 | 368,182 | 74,982 | 4.6 | 0% |
| 2021 | 400,881 | 411,611 | −10,730 | 3.8 | 0% |
| 2022 | 420,722 | 412,502 | 8,220 | 1.8 | 0% |
| 2023 | 390,681 | 537,248 | −146,567 | -1.9 | 0% |
In its most recent public year (2023), this organization spent $146,567 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from 4.6 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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