Vermont Achievement Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,444,224 | 4,467,465 | −23,241 | 2.6 | 64% |
| 2021 | 3,871,509 | 3,015,910 | 855,599 | 7.2 | 56% |
| 2022 | 2,917,042 | 2,442,949 | 474,093 | 11.2 | 55% |
| 2023 | 3,347,315 | 3,335,353 | 11,962 | 8.3 | 59% |
In its most recent public year (2023), this organization brought in $11,962 more than it spent. Its reserves stood at about 8.3 months of spending, up from 2.6 in 2020. Staff pay was 59% 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
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