Iap Worldwide Services Voluntary Employee Beneficiary Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,801,547 | 19,843,072 | −41,525 | 1.7 | 0% |
| 2012 | 15,578,727 | 15,992,580 | −413,853 | 1.9 | 0% |
| 2013 | 11,974,463 | 12,940,909 | −966,446 | 1.4 | 0% |
| 2014 | 11,677,990 | 12,714,640 | −1,036,650 | 0.4 | 0% |
| 2015 | 12,150,827 | 12,492,904 | −342,077 | 0.1 | 0% |
| 2016 | 16,581,988 | 16,454,311 | 127,677 | 0.2 | 0% |
| 2017 | 15,768,409 | 15,092,323 | 676,086 | 0.7 | 0% |
| 2018 | 19,600,133 | 20,143,624 | −543,491 | 0.2 | 0% |
| 2019 | 23,042,438 | 23,088,811 | −46,373 | 0.2 | 0% |
| 2020 | 18,724,105 | 18,832,446 | −108,341 | 0.2 | 0% |
| 2021 | 15,027,115 | 14,825,168 | 201,947 | 0.4 | 0% |
| 2022 | 11,724,200 | 11,817,914 | −93,714 | 0.4 | 0% |
In its most recent public year (2022), this organization spent $93,714 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 1.7 in 2011. Staff pay was 0% 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 2022. 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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