Valley Consortium For Medical Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,831,116 | 4,831,116 | 0 | 0.0 | 42% |
| 2012 | 5,000,410 | 5,000,410 | 0 | 0.0 | 45% |
| 2013 | 5,870,695 | 5,819,567 | 51,128 | 0.1 | 43% |
| 2014 | 6,417,831 | 6,376,134 | 41,697 | 0.2 | 42% |
| 2015 | 6,895,161 | 6,898,192 | −3,031 | 0.2 | 43% |
| 2016 | 7,560,442 | 6,920,627 | 639,815 | 1.2 | 43% |
| 2017 | 7,749,605 | 7,769,279 | −19,674 | 0.0 | 0% |
| 2018 | 8,113,331 | 8,113,329 | 2 | 0.0 | 6% |
| 2019 | 8,334,887 | 8,334,887 | 0 | 0.0 | 7% |
| 2020 | 8,551,445 | 8,551,445 | 0 | 0.0 | 7% |
| 2021 | 8,901,688 | 8,901,688 | 0 | 0.0 | 7% |
| 2022 | 8,905,241 | 8,905,241 | 0 | 0.0 | 40% |
| 2023 | 10,603,788 | 10,603,788 | 0 | 0.0 | 47% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending. Staff pay was 47% 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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