Salem Saddle Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 127,682 | 138,411 | −10,729 | 55.8 | 0% |
| 2022 | 149,334 | 148,400 | 934 | 52.1 | 0% |
| 2023 | 154,088 | 169,820 | −15,732 | 44.4 | 0% |
| 2024 | 147,185 | 157,924 | −10,739 | 47.0 | 0% |
In its most recent public year (2024), this organization spent $10,739 more than it brought in. Its reserves stood at about 47 months of spending, down from 55.8 in 2021. 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 2024. 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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