Virginia Dressage Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 305,868 | 280,318 | 25,550 | 6.6 | 0% |
| 2021 | 411,811 | 373,677 | 38,134 | 6.2 | 0% |
| 2022 | 381,383 | 372,719 | 8,664 | 6.5 | 0% |
| 2023 | 421,522 | 415,907 | 5,615 | 6.0 | 0% |
In its most recent public year (2023), this organization brought in $5,615 more than it spent. Its reserves stood at about 6 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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