Virginia Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 327,287 | 113,023 | 214,264 | 22.7 | 0% |
| 2020 | 723,247 | 928,682 | −205,435 | 0.1 | 0% |
| 2021 | 2,349,268 | 1,931,563 | 417,705 | 2.6 | 0% |
| 2022 | 2,534,511 | 1,879,252 | 655,259 | 6.9 | 5% |
| 2023 | 2,544,060 | 1,817,849 | 726,211 | 10.0 | 6% |
| 2024 | 2,677,886 | 1,878,910 | 798,976 | 15.6 | 5% |
In its most recent public year (2024), this organization brought in $798,976 more than it spent. Its reserves stood at about 15.6 months of spending, down from 22.7 in 2019. Staff pay was 5% 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 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
Virginia Education Foundation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works