Racing For Relief Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 65,760 | 65,039 | 721 | 5.2 | — |
| 2019 | 129,646 | 71,765 | 57,881 | 14.4 | — |
| 2020 | 65,810 | 111,242 | −45,432 | 4.4 | — |
| 2021 | 24,794 | 23,879 | 915 | 20.8 | — |
| 2022 | 286,874 | 266,134 | 20,740 | 2.8 | 0% |
| 2023 | 240,112 | 220,354 | 19,758 | 4.5 | 0% |
In its most recent public year (2023), this organization brought in $19,758 more than it spent. Its reserves stood at about 4.5 months of spending. 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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