Corvesta Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −3,059,342 | 245,570 | −3,304,912 | 1175.7 | 9% |
| 2012 | −4,477,484 | 16,218,290 | −20,695,774 | 32.1 | 57% |
| 2013 | −4,802,636 | 17,943,221 | −22,745,857 | 24.8 | 54% |
| 2014 | −1,029,155 | 22,006,700 | −23,035,855 | 26.3 | 53% |
| 2015 | −1,114,338 | 22,544,035 | −23,658,373 | 14.8 | 61% |
| 2016 | 5,624,273 | 20,229,190 | −14,604,917 | 16.2 | 71% |
| 2017 | 2,969,694 | 23,202,615 | −20,232,921 | 16.9 | 65% |
| 2018 | 582,468 | 22,012,995 | −21,430,527 | 21.4 | 81% |
| 2019 | 5,454,848 | 23,622,964 | −18,168,116 | 20.8 | 78% |
| 2020 | 386,474 | 37,622,106 | −37,235,632 | 13.5 | 48% |
| 2021 | −1,235,003 | 49,256,686 | −50,491,689 | 6.0 | 37% |
| 2022 | −668,910 | 32,471,544 | −33,140,454 | 26.8 | 25% |
| 2023 | −509,499 | 32,659,933 | −33,169,432 | 31.9 | 28% |
In its most recent public year (2023), this organization spent $33,169,432 more than it brought in. Its reserves stood at about 31.9 months of spending, down from 1175.7 in 2011. Staff pay was 28% 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
Corvesta Inc'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