Nevada Virtual Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 18,544,943 | 17,439,807 | 1,105,136 | -5.7 | 32% |
| 2022 | 18,372,416 | 16,783,857 | 1,588,559 | -4.8 | 36% |
| 2023 | 18,269,961 | 16,400,901 | 1,869,060 | -3.5 | 44% |
In its most recent public year (2023), this organization brought in $1,869,060 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.5 months), up from -5.7 in 2021. Staff pay was 44% 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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