New Smyrna Quarter Midget Racing Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −4,973 | 710 | −5,683 | 716.7 | — |
| 2015 | 54,208 | 57,289 | −3,081 | 7.3 | — |
| 2016 | 48,035 | 33,294 | 14,741 | 17.0 | — |
| 2017 | 72,611 | 43,231 | 29,380 | 20.9 | — |
| 2018 | 63,201 | 24,497 | 38,704 | 55.8 | — |
| 2019 | 33,310 | 29,707 | 3,603 | 47.4 | — |
In its most recent public year (2019), this organization brought in $3,603 more than it spent. Its reserves stood at about 47.4 months of spending, down from 716.7 in 2011.
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 2019. 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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