Virginia Basketball Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 213,943 | 213,796 | 147 | 2.1 | 35% |
| 2012 | 300,290 | 254,580 | 45,710 | 3.9 | 30% |
| 2013 | 99,162 | 137,904 | −38,742 | 3.9 | 35% |
| 2014 | 350,237 | 344,797 | 5,440 | 1.7 | 30% |
| 2015 | 464,474 | 448,783 | 15,691 | 1.8 | 33% |
| 2016 | 520,641 | 538,932 | −18,291 | 1.1 | 34% |
| 2017 | 524,420 | 563,598 | −39,178 | 0.2 | 31% |
| 2018 | 557,981 | 570,155 | −12,174 | -0.1 | 36% |
| 2019 | 567,656 | 577,042 | −9,386 | -0.3 | 48% |
| 2020 | 460,083 | 443,265 | 16,818 | 0.1 | 63% |
| 2021 | 562,040 | 356,007 | 206,033 | 7.1 | 62% |
| 2022 | 500,108 | 564,413 | −64,305 | 3.1 | 53% |
| 2023 | 559,872 | 625,962 | −66,090 | 1.5 | 49% |
In its most recent public year (2023), this organization spent $66,090 more than it brought in. Its reserves stood at about 1.5 months of spending. Staff pay was 49% 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
Virginia Basketball Academy Foundation'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