Operating record

Racine Area Veterans Inc

Racine, WI · EIN 39-1979802 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2020$28,134$25,903$2,231170.30%
2021$170,344$44,626$125,718132.7
2022$48,774$35,572$13,202170.90%
2023$38,561$39,786−$1,225152.40%
2024$81,380$31,982$49,398208.20%

In its most recent public year (2024), this organization brought in $49,398 more than it spent. Its reserves stood at about 208.2 months of spending, up from 170.3 in 2020. 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 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 ↗