Venture Development 2002 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 149,688 | 187,340 | −37,652 | 87.0 | 18% |
| 2021 | 147,297 | 221,887 | −74,590 | 69.4 | 15% |
| 2022 | 154,673 | 195,099 | −40,426 | 76.4 | 13% |
| 2023 | 154,585 | 205,651 | −51,066 | 69.5 | 12% |
In its most recent public year (2023), this organization spent $51,066 more than it brought in. Its reserves stood at about 69.5 months of spending, down from 87 in 2020. Staff pay was 12% 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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