New Mexico Farm & Livestock Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,090,443 | 1,778,614 | 311,829 | 24.4 | 42% |
| 2021 | 2,210,621 | 1,802,355 | 408,266 | 27.5 | 34% |
| 2022 | 2,189,728 | 2,092,206 | 97,522 | 26.9 | 35% |
| 2023 | 2,440,890 | 2,043,874 | 397,016 | 26.4 | 29% |
In its most recent public year (2023), this organization brought in $397,016 more than it spent. Its reserves stood at about 26.4 months of spending, up from 24.4 in 2020. Staff pay was 29% of spending. $1,030,417 of its net assets are donor-restricted.
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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