The Virginia Beach Garden Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 42,486 | 48,433 | −5,947 | 52.5 | — |
| 2022 | 57,544 | 29,999 | 27,545 | 85.8 | — |
| 2023 | 60,840 | 66,069 | −5,229 | 38.6 | — |
| 2024 | 50,397 | 48,691 | 1,706 | 54.4 | — |
In its most recent public year (2024), this organization brought in $1,706 more than it spent. Its reserves stood at about 54.4 months of spending, up from 52.5 in 2021.
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 2024. 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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