Versability Resources Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 328,180 | 327,206 | 974 | 1.1 | 0% |
| 2012 | 978,275 | 981,328 | −3,053 | -0.0 | 0% |
| 2013 | 676,255 | 685,717 | −9,462 | -0.2 | 0% |
| 2014 | 532,589 | 548,522 | −15,933 | -0.6 | 0% |
| 2015 | 613,070 | 626,369 | −13,299 | -0.8 | 0% |
| 2016 | 677,071 | 691,715 | −14,644 | -1.0 | 0% |
| 2017 | 602,434 | 610,779 | −8,345 | -1.3 | 0% |
| 2018 | 645,309 | 667,369 | −22,060 | -1.6 | 0% |
| 2019 | 651,919 | 662,269 | −10,350 | -1.8 | 0% |
| 2020 | 649,617 | 653,671 | −4,054 | -1.9 | 0% |
| 2021 | 711,934 | 725,698 | −13,764 | -1.9 | 0% |
| 2022 | 648,753 | 676,706 | −27,953 | -2.5 | 0% |
In its most recent public year (2022), this organization spent $27,953 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), down from 1.1 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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