Veras Open Arms
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 51,898 | 27,506 | 24,392 | 11.0 | 0% |
| 2021 | 30,920 | 35,920 | −5,000 | -1.7 | — |
| 2022 | 0 | 100,481 | −100,481 | -12.6 | 0% |
In its most recent public year (2022), this organization spent $100,481 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.6 months), down from 11 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 2022. 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
Veras Open Arms's IRS filings as a feed — one entry per filing year, through 2022. 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