Vermont Student Development Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 7,934,039 | 7,494,261 | 439,778 | 15.6 | 0% |
| 2022 | 10,359,436 | 9,623,959 | 735,477 | 11.1 | 0% |
| 2023 | 10,461,793 | 9,952,137 | 509,656 | 12.1 | 0% |
| 2024 | 13,719,701 | 13,162,279 | 557,422 | 11.4 | 0% |
In its most recent public year (2024), this organization brought in $557,422 more than it spent. Its reserves stood at about 11.4 months of spending, down from 15.6 in 2021. Staff pay was 0% of spending. $12,486,379 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 2024. 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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