Gilroy Rodeo Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 33,678 | 35,177 | −1,499 | -20.0 | 0% |
| 2021 | 501,851 | 403,083 | 98,768 | 1.2 | 0% |
| 2022 | 540,865 | 548,274 | −7,409 | 0.7 | 0% |
| 2023 | 838,508 | 700,502 | 138,006 | 2.9 | 0% |
In its most recent public year (2023), this organization brought in $138,006 more than it spent. Its reserves stood at about 2.9 months of spending, up from -20 in 2020. 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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