Nxg Youth Motorsports Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 151,960 | 132,539 | 19,421 | 1.8 | — |
| 2018 | 141,281 | 116,602 | 24,679 | 4.5 | — |
| 2019 | 126,555 | 138,344 | −11,789 | 2.6 | — |
| 2020 | 109,766 | 104,439 | 5,327 | 4.1 | — |
| 2021 | 650,660 | 481,294 | 169,366 | 5.1 | 40% |
| 2022 | 667,334 | 535,112 | 132,222 | 7.6 | 46% |
| 2023 | 925,214 | 573,397 | 351,817 | 14.5 | 41% |
In its most recent public year (2023), this organization brought in $351,817 more than it spent. Its reserves stood at about 14.5 months of spending, up from 1.8 in 2017. Staff pay was 41% 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
Nxg Youth Motorsports 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