Vermont Flight Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 231,293 | 237,163 | −5,870 | -1.3 | 18% |
| 2012 | 615,766 | 519,476 | 96,290 | 1.6 | 22% |
| 2013 | 1,057,215 | 986,849 | 70,366 | 1.7 | 17% |
| 2014 | 665,235 | 501,693 | 163,542 | 7.3 | 18% |
| 2015 | 974,378 | 957,502 | 16,876 | 4.0 | 24% |
| 2016 | 1,185,015 | 1,034,939 | 150,076 | 5.5 | 22% |
| 2017 | 1,266,609 | 1,057,276 | 209,333 | 7.7 | 27% |
| 2018 | 1,449,185 | 1,313,246 | 135,939 | 7.5 | 36% |
| 2019 | 1,537,634 | 1,344,214 | 193,420 | 9.0 | 33% |
| 2020 | 1,406,531 | 1,295,628 | 110,903 | 10.4 | 36% |
| 2021 | 2,063,436 | 1,595,354 | 468,082 | 12.0 | 40% |
| 2022 | 2,174,599 | 2,000,774 | 173,825 | 10.6 | 42% |
| 2023 | 2,663,621 | 2,782,460 | −118,839 | 7.1 | 37% |
In its most recent public year (2023), this organization spent $118,839 more than it brought in. Its reserves stood at about 7.1 months of spending, up from -1.3 in 2011. Staff pay was 37% 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
Vermont Flight Academy Inc'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