Verma Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 132,409 | 65,218 | 67,191 | 12.4 | — |
| 2019 | 129,559 | 74,218 | 55,341 | 19.8 | — |
| 2020 | 34,429 | 66,205 | −31,776 | 16.4 | — |
| 2021 | 117,604 | 65,213 | 52,391 | 26.3 | — |
| 2022 | 65,969 | 42,487 | 23,482 | 47.1 | — |
| 2023 | 13,793 | 45,328 | −31,535 | 35.8 | — |
In its most recent public year (2023), this organization spent $31,535 more than it brought in. Its reserves stood at about 35.8 months 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
Verma 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