Validation Training Institute Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 59,806 | 68,758 | −8,952 | 22.2 | — |
| 2016 | 117,274 | 106,491 | 10,783 | 15.5 | — |
| 2017 | 57,713 | 60,094 | −2,381 | 27.5 | — |
| 2018 | 112,950 | 78,035 | 34,915 | 26.5 | — |
| 2019 | 565,331 | 124,213 | 441,118 | 62.0 | 0% |
| 2020 | 187,267 | 85,359 | 101,908 | 115.9 | 0% |
| 2021 | 185,276 | 73,366 | 111,910 | 158.9 | 0% |
| 2022 | 182,489 | 59,717 | 122,772 | 195.0 | 0% |
| 2023 | 616,976 | 64,016 | 552,960 | 301.7 | 0% |
In its most recent public year (2023), this organization brought in $552,960 more than it spent. Its reserves stood at about 301.7 months of spending, up from 22.2 in 2015. Staff pay was 0% of spending. $1,451,675 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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