North State Barrel Racing Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 85,220 | 75,472 | 9,748 | 2.8 | — |
| 2021 | 201,255 | 191,795 | 9,460 | 1.7 | 0% |
| 2022 | 271,893 | 240,384 | 31,509 | 2.9 | 0% |
| 2023 | 263,255 | 246,370 | 16,885 | 3.7 | 0% |
In its most recent public year (2023), this organization brought in $16,885 more than it spent. Its reserves stood at about 3.7 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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