Vera Court Neighborhood Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,681,317 | 2,147,533 | 533,784 | 20.3 | 47% |
| 2021 | 2,694,133 | 1,910,482 | 783,651 | 27.8 | 49% |
| 2022 | 1,481,113 | 1,188,836 | 292,277 | 38.7 | 60% |
| 2023 | 1,567,886 | 1,626,762 | −58,876 | 28.6 | 58% |
In its most recent public year (2023), this organization spent $58,876 more than it brought in. Its reserves stood at about 28.6 months of spending, up from 20.3 in 2020. Staff pay was 58% of spending. $1,612,554 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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