European Breeders Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 47,977 | 265,129 | −217,152 | -8.0 | 53% |
| 2022 | 397,905 | 306,752 | 91,153 | -3.8 | 48% |
| 2023 | 194,025 | 284,222 | −90,197 | -10.5 | 42% |
| 2024 | 525,580 | 363,607 | 161,973 | -3.4 | 38% |
In its most recent public year (2024), this organization brought in $161,973 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.4 months), up from -8 in 2021. Staff pay was 38% 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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