Horses For A Change Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 2,450 | 2,170 | 280 | 1.5 | — |
| 2015 | 97,894 | 58,915 | 38,979 | 8.0 | — |
| 2016 | 92,987 | 120,719 | −27,732 | 1.1 | — |
| 2017 | 196,464 | 169,431 | 27,033 | 2.7 | — |
| 2018 | 153,228 | 183,380 | −30,152 | 0.5 | — |
| 2019 | 157,075 | 151,167 | 5,908 | 1.1 | — |
| 2020 | 269,106 | 187,194 | 81,912 | 6.2 | 26% |
| 2021 | 194,582 | 275,021 | −80,439 | 0.7 | 29% |
| 2022 | 190,181 | 222,007 | −31,826 | -0.9 | 31% |
| 2023 | 158,934 | 180,823 | −21,889 | -2.5 | 36% |
In its most recent public year (2023), this organization spent $21,889 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), down from 1.5 in 2013. Staff pay was 36% 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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