Still Waters Equestrian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 438,961 | 178,074 | 260,887 | 17.8 | 29% |
| 2015 | 265,523 | 290,040 | −24,517 | 9.9 | 30% |
| 2016 | 291,041 | 301,899 | −10,858 | 9.1 | 35% |
| 2017 | 286,414 | 298,095 | −11,681 | 8.7 | 36% |
| 2018 | 281,652 | 314,822 | −33,170 | 7.0 | 34% |
| 2019 | 406,281 | 349,956 | 56,325 | 8.2 | 29% |
| 2020 | 356,556 | 300,864 | 55,692 | 11.8 | 35% |
| 2021 | 431,743 | 431,059 | 684 | 8.3 | 34% |
| 2022 | 416,736 | 451,429 | −34,693 | 7.0 | 39% |
| 2023 | 400,598 | 457,060 | −56,462 | 5.4 | 40% |
In its most recent public year (2023), this organization spent $56,462 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 17.8 in 2014. Staff pay was 40% 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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