Vermont Bar Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,078,606 | 1,009,949 | 68,657 | 19.5 | 45% |
| 2021 | 936,353 | 826,624 | 109,729 | 29.5 | 54% |
| 2022 | 1,056,187 | 984,314 | 71,873 | 23.1 | 42% |
| 2023 | 1,252,248 | 1,171,515 | 80,733 | 21.9 | 37% |
In its most recent public year (2023), this organization brought in $80,733 more than it spent. Its reserves stood at about 21.9 months of spending, up from 19.5 in 2020. Staff pay was 37% of spending. $1,584,708 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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