Maryland Horsemens Assistance Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 514,555 | 211,917 | 302,638 | 17.1 | 0% |
| 2016 | 74,239 | 79,325 | −5,086 | 45.0 | 0% |
| 2017 | 34,461 | 55,393 | −20,932 | 59.9 | — |
| 2018 | 31,617 | 46,939 | −15,322 | 66.7 | — |
| 2019 | 145,862 | 134,734 | 11,128 | 24.2 | — |
| 2020 | 77,687 | 154,515 | −76,828 | 15.2 | — |
| 2021 | 49,249 | 48,236 | 1,013 | 48.9 | — |
| 2022 | 26,445 | 59,112 | −32,667 | 33.2 | — |
| 2023 | 25,286 | 51,624 | −26,338 | 31.9 | — |
In its most recent public year (2023), this organization spent $26,338 more than it brought in. Its reserves stood at about 31.9 months of spending, up from 17.1 in 2015.
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
Maryland Horsemens Assistance Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works