Utah Quarter Horse Racing Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 638,203 | 640,006 | −1,803 | 0.9 | 3% |
| 2020 | 714,774 | 691,276 | 23,498 | 3.4 | 3% |
| 2021 | 596,071 | 656,093 | −60,022 | 2.5 | 5% |
| 2022 | 623,009 | 570,926 | 52,083 | 4.0 | 5% |
In its most recent public year (2022), this organization brought in $52,083 more than it spent. Its reserves stood at about 4 months of spending, up from 0.9 in 2019. Staff pay was 5% 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 2022. 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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