Southeast Vermont Transit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 6,694,813 | 6,016,047 | 678,766 | 21.6 | 37% |
| 2022 | 7,267,470 | 8,198,034 | −930,564 | 14.5 | 38% |
| 2023 | 9,567,417 | 9,050,825 | 516,592 | 13.8 | 37% |
In its most recent public year (2023), this organization brought in $516,592 more than it spent. Its reserves stood at about 13.8 months of spending, down from 21.6 in 2021. Staff pay was 37% of spending. $33,700 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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