Varsity Team Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,001,326 | 1,096,295 | −94,969 | 2.0 | 59% |
| 2012 | 1,008,041 | 1,056,439 | −48,398 | 1.5 | 63% |
| 2013 | 1,068,994 | 1,079,516 | −10,522 | 1.4 | 59% |
| 2014 | 1,421,398 | 1,386,055 | 35,343 | 1.4 | 59% |
| 2015 | 2,014,406 | 1,939,327 | 75,079 | 1.4 | 60% |
| 2016 | 2,228,170 | 2,072,666 | 155,504 | 2.3 | 58% |
| 2017 | 2,560,876 | 2,339,374 | 221,502 | 3.1 | 58% |
| 2018 | 2,560,943 | 2,604,515 | −43,572 | 2.6 | 60% |
| 2019 | 2,536,027 | 2,601,735 | −65,708 | 2.3 | 61% |
| 2020 | 3,504,868 | 3,101,812 | 403,056 | 3.5 | 64% |
| 2021 | 4,030,641 | 3,681,671 | 348,970 | 4.1 | 62% |
| 2022 | 5,318,163 | 4,164,120 | 1,154,043 | 6.9 | 62% |
| 2023 | 3,615,949 | 4,070,036 | −454,087 | 5.8 | 62% |
In its most recent public year (2023), this organization spent $454,087 more than it brought in. Its reserves stood at about 5.8 months of spending, up from 2 in 2011. Staff pay was 62% 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
Varsity Team Inc's IRS filings as a feed — one entry per filing year, through 2023. 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