Vermont Valley Tae Kwon Do Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 11,063 | 17,935 | −6,872 | -4.6 | 0% |
| 2014 | 21,182 | 24,931 | −3,749 | -5.1 | 0% |
| 2015 | 1,255 | 16,162 | −14,907 | -19.0 | 0% |
| 2017 | 12,955 | 15,352 | −2,397 | -21.8 | 0% |
| 2018 | 13,005 | 14,009 | −1,004 | -24.8 | 0% |
| 2019 | 6,616 | 6,518 | 98 | -53.1 | 0% |
In its most recent public year (2019), this organization brought in $98 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-53.1 months), down from -4.6 in 2013. Staff pay was 0% 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 2019. 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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