South Texas Hereford Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 908,189 | 910,504 | −2,315 | 1.7 | 0% |
| 2021 | 843,214 | 851,934 | −8,720 | 1.7 | 0% |
| 2022 | 1,063,117 | 1,055,453 | 7,664 | 1.4 | 0% |
| 2023 | 884,160 | 882,171 | 1,989 | 1.7 | 0% |
In its most recent public year (2023), this organization brought in $1,989 more than it spent. Its reserves stood at about 1.7 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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