Virginia Industry Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 158,279 | 207,400 | −49,121 | 0.3 | 0% |
| 2012 | 13,003 | 10,825 | 2,178 | 8.1 | 0% |
| 2013 | 125,020 | 117,143 | 7,877 | 1.6 | 0% |
| 2014 | 60,563 | 59,517 | 1,046 | 3.3 | 0% |
| 2015 | 53,733 | 3,787 | 49,946 | 209.7 | 0% |
| 2016 | 34,735 | 79,814 | −45,079 | 3.2 | 0% |
| 2017 | 119,390 | 81,098 | 38,292 | 8.8 | 0% |
| 2018 | 53,029 | 72,735 | −19,706 | 6.5 | 0% |
| 2019 | 52,460 | 49,046 | 3,414 | 10.5 | 0% |
| 2020 | 5,558 | 5,708 | −150 | 81.3 | 0% |
| 2021 | 110,009 | 60,104 | 49,905 | 10.3 | 0% |
| 2022 | 6,281 | 40,548 | −34,267 | 5.5 | 0% |
| 2023 | 8,516 | 18,768 | −10,252 | 0.3 | 0% |
In its most recent public year (2023), this organization spent $10,252 more than it brought in. Its reserves stood at about 0.3 months of spending. 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 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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