New Mexico Horse Breeders Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 441,548 | 507,761 | −66,213 | 16.7 | 27% |
| 2012 | 680,290 | 534,188 | 146,102 | 19.1 | 26% |
| 2013 | 451,975 | 523,159 | −71,184 | 17.9 | 25% |
| 2014 | 417,562 | 535,212 | −117,650 | 14.9 | 25% |
| 2015 | 415,461 | 467,822 | −52,361 | 15.7 | 28% |
| 2016 | 421,653 | 418,986 | 2,667 | 17.6 | 31% |
| 2017 | 431,269 | 375,192 | 56,077 | 21.4 | 36% |
| 2018 | 463,512 | 392,229 | 71,283 | 22.6 | 38% |
| 2019 | 492,737 | 408,810 | 83,927 | 24.4 | 34% |
| 2020 | 405,545 | 368,820 | 36,725 | 28.5 | 41% |
| 2021 | 438,559 | 362,395 | 76,164 | 32.3 | 39% |
| 2022 | 463,867 | 442,557 | 21,310 | 25.9 | 37% |
| 2023 | 439,177 | 494,109 | −54,932 | 22.5 | 33% |
In its most recent public year (2023), this organization spent $54,932 more than it brought in. Its reserves stood at about 22.5 months of spending, up from 16.7 in 2011. Staff pay was 33% 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
New Mexico Horse Breeders Assoc'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