Vocational Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 10,252,847 | 10,831,741 | −578,894 | 2.8 | 55% |
| 2013 | 10,713,154 | 10,236,391 | 476,763 | 3.5 | 63% |
| 2015 | 13,695,010 | 12,443,728 | 1,251,282 | 4.5 | 63% |
| 2016 | 13,834,052 | 12,854,518 | 979,534 | 5.3 | 62% |
| 2017 | 14,399,727 | 14,061,006 | 338,721 | 5.1 | 61% |
| 2018 | 15,563,436 | 14,752,517 | 810,919 | 5.5 | 60% |
| 2019 | 16,745,392 | 15,213,508 | 1,531,884 | 6.6 | 55% |
| 2020 | 16,668,766 | 15,383,872 | 1,284,894 | 7.5 | 52% |
| 2021 | 16,204,305 | 14,775,872 | 1,428,433 | 9.0 | 47% |
| 2022 | 17,109,339 | 15,522,891 | 1,586,448 | 9.8 | 43% |
| 2023 | 17,811,844 | 17,254,089 | 557,755 | 9.2 | 41% |
In its most recent public year (2023), this organization brought in $557,755 more than it spent. Its reserves stood at about 9.2 months of spending, up from 2.8 in 2012. Staff pay was 41% 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 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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