Florida Horsemens Benevolent And Protective Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,774,759 | 939,238 | 835,521 | 25.3 | 32% |
| 2021 | 1,694,912 | 890,726 | 804,186 | 38.5 | 37% |
| 2022 | 1,492,878 | 1,643,551 | −150,673 | 18.8 | 17% |
| 2023 | 1,354,424 | 1,326,880 | 27,544 | 26.3 | 21% |
In its most recent public year (2023), this organization brought in $27,544 more than it spent. Its reserves stood at about 26.3 months of spending. Staff pay was 21% 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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