Virginia Beach Mustangs Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 366,146 | 347,819 | 18,327 | 2.3 | 0% |
| 2012 | 160,085 | 160,116 | −31 | 2.8 | 0% |
| 2013 | 29,577 | 5,407 | 24,170 | 137.7 | 0% |
| 2014 | 114,116 | 115,802 | −1,686 | 6.3 | 0% |
| 2015 | 150,355 | 140,595 | 9,760 | 6.0 | 0% |
| 2016 | 162,183 | 160,969 | 1,214 | 5.3 | 0% |
| 2017 | 160,677 | 164,542 | −3,865 | 4.9 | 0% |
| 2018 | 126,524 | 152,618 | −26,094 | 3.3 | 0% |
| 2019 | 139,627 | 144,078 | −4,451 | 3.1 | 0% |
| 2020 | 39,570 | 70,358 | −30,788 | 1.0 | — |
| 2021 | 148,502 | 94,436 | 54,066 | 8.9 | — |
| 2023 | 73,772 | 96,149 | −22,377 | 6.9 | — |
In its most recent public year (2023), this organization spent $22,377 more than it brought in. Its reserves stood at about 6.9 months of spending, up from 2.3 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 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
Virginia Beach Mustangs Association Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works