Victory Village Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,179 | 39,505 | −38,326 | 291.9 | 0% |
| 2014 | 52,662 | 91,198 | −38,536 | 121.4 | 0% |
| 2015 | 562 | 170,606 | −170,044 | 52.9 | 0% |
| 2016 | 185,198 | 370,682 | −185,484 | 18.4 | 0% |
| 2017 | 22,180 | 311,658 | −289,478 | 10.7 | 0% |
| 2018 | 444,941 | 247,079 | 197,862 | 23.1 | 0% |
| 2019 | 102,761 | 175,420 | −72,659 | 27.6 | 0% |
| 2021 | 97,751 | 170,308 | −72,557 | 15.9 | 0% |
| 2022 | 61,272 | 83,974 | −22,702 | 29.2 | 0% |
| 2023 | 26,186 | 770,958 | −744,772 | -8.6 | 0% |
In its most recent public year (2023), this organization spent $744,772 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.6 months), down from 291.9 in 2013. Staff pay was 0% of spending. $53,908 of its net assets are donor-restricted.
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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