Velocity Entreprenurial Drive
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 139,314 | 99,314 | 40,000 | 4.8 | — |
| 2014 | 138,897 | 204,588 | −65,691 | 0.5 | — |
| 2015 | 189,203 | 189,764 | −561 | 0.5 | — |
| 2016 | 296,216 | 292,675 | 3,541 | 0.4 | 67% |
| 2017 | 242,686 | 251,949 | −9,263 | 0.1 | 61% |
| 2018 | 258,403 | 259,345 | −942 | 0.0 | 51% |
| 2019 | 261,672 | 262,269 | −597 | 0.0 | 72% |
| 2020 | 148,607 | 192,081 | −43,474 | -2.7 | — |
| 2021 | 195,257 | 147,804 | 47,453 | 0.3 | — |
| 2022 | 248,189 | 251,791 | −3,602 | 0.0 | 73% |
| 2023 | 239,741 | 240,169 | −428 | 0.0 | 70% |
In its most recent public year (2023), this organization spent $428 more than it brought in. Its reserves stood at about 0 months of spending, down from 4.8 in 2013. Staff pay was 70% 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
Velocity Entreprenurial Drive'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