Veritans Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 246,746 | 296,842 | −50,096 | 36.5 | 37% |
| 2012 | 1,050,584 | 920,328 | 130,256 | 13.5 | 38% |
| 2013 | 1,085,636 | 1,013,271 | 72,365 | 13.1 | 35% |
| 2014 | 986,355 | 986,322 | 33 | 13.5 | 35% |
| 2015 | 803,770 | 994,499 | −190,729 | 11.0 | 35% |
| 2016 | 1,073,135 | 1,004,586 | 68,549 | 11.8 | 33% |
| 2017 | 941,756 | 729,565 | 212,191 | 19.7 | 14% |
| 2018 | 423,406 | 300,669 | 122,737 | 52.6 | 0% |
| 2019 | 314,560 | 314,715 | −155 | 50.3 | 0% |
| 2020 | 59,018 | 307,571 | −248,553 | 38.3 | 53% |
| 2021 | 264,988 | 208,809 | 56,179 | 62.3 | 6% |
| 2022 | 229,961 | 289,772 | −59,811 | 42.4 | 0% |
| 2023 | 151,264 | 293,856 | −142,592 | 36.0 | 0% |
In its most recent public year (2023), this organization spent $142,592 more than it brought in. Its reserves stood at about 36 months of spending. Staff pay was 0% of spending. $782,852 of its net assets are donor-restricted.
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
Veritans Club'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