Bowman Second Chance Thoroughbred Adoption
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 79,396 | 58,731 | 20,665 | 5.1 | — |
| 2017 | 125,905 | 126,951 | −1,046 | 2.3 | — |
| 2018 | 143,164 | 121,195 | 21,969 | 4.6 | — |
| 2019 | 136,492 | 162,415 | −25,923 | 1.5 | — |
| 2020 | 112,446 | 96,072 | 16,374 | 5.9 | — |
| 2021 | 126,524 | 123,055 | 3,469 | 4.9 | — |
| 2022 | 146,641 | 121,254 | 25,387 | 7.2 | — |
| 2023 | 194,611 | 103,945 | 90,666 | 18.2 | — |
In its most recent public year (2023), this organization brought in $90,666 more than it spent. Its reserves stood at about 18.2 months of spending, up from 5.1 in 2016.
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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