The Southeast Virginia Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 973,139 | 996,295 | −23,156 | 105.9 | 11% |
| 2012 | 1,508,927 | 873,914 | 635,013 | 138.9 | 17% |
| 2013 | 3,418,677 | 1,144,172 | 2,274,505 | 127.5 | 13% |
| 2014 | 1,138,431 | 1,146,428 | −7,997 | 128.2 | 17% |
| 2015 | 1,371,991 | 1,290,480 | 81,511 | 110.8 | 9% |
| 2016 | 1,459,102 | 1,636,577 | −177,475 | 90.1 | 15% |
| 2017 | 1,826,166 | 1,067,295 | 758,871 | 154.0 | 23% |
| 2018 | 1,360,635 | 1,182,099 | 178,536 | 128.0 | 23% |
| 2019 | 2,210,649 | 1,223,195 | 987,454 | 147.3 | 23% |
| 2020 | 1,944,868 | 1,139,355 | 805,513 | 177.3 | 22% |
| 2021 | 2,013,297 | 1,214,837 | 798,460 | 166.6 | 17% |
| 2022 | 921,181 | 1,194,480 | −273,299 | 137.2 | 13% |
| 2023 | 267,674 | 1,249,304 | −981,630 | 144.6 | 12% |
In its most recent public year (2023), this organization spent $981,630 more than it brought in. Its reserves stood at about 144.6 months of spending, up from 105.9 in 2011. Staff pay was 12% of spending. $13,362,979 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
The Southeast Virginia Community 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