Vertical Flight Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 71,857 | 33,294 | 38,563 | 148.2 | 0% |
| 2011 | 10,870 | 37,667 | −26,797 | 122.4 | 0% |
| 2012 | 77,998 | 60,328 | 17,670 | 80.0 | — |
| 2013 | 81,845 | 60,684 | 21,161 | 83.7 | — |
| 2014 | 61,400 | 50,944 | 10,456 | 102.1 | — |
| 2015 | 300,210 | 80,141 | 220,069 | 88.5 | 0% |
| 2016 | 88,214 | 83,935 | 4,279 | 85.1 | 0% |
| 2017 | 90,723 | 87,010 | 3,713 | 94.1 | 0% |
| 2018 | 84,277 | 100,208 | −15,931 | 70.0 | 0% |
| 2019 | 47,718 | 106,675 | −58,957 | 68.7 | 0% |
| 2020 | 985,710 | 108,376 | 877,334 | 173.6 | 0% |
| 2021 | 118,036 | 115,832 | 2,204 | 176.2 | 0% |
| 2022 | 74,371 | 108,024 | −33,653 | 140.7 | 0% |
| 2023 | 113,210 | 100,000 | 13,210 | 169.7 | 0% |
In its most recent public year (2023), this organization brought in $13,210 more than it spent. Its reserves stood at about 169.7 months of spending, up from 148.2 in 2010. 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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