Vermont Avenue Baptist Church Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 56,995 | 155,557 | −98,562 | -9.2 | 0% |
| 2013 | 158,159 | 213,994 | −55,835 | -9.7 | 0% |
| 2014 | 163,776 | 218,474 | −54,698 | -12.5 | 0% |
| 2015 | 168,697 | 226,311 | −57,614 | -15.1 | 0% |
| 2016 | 178,802 | 224,093 | −45,291 | -5.4 | 0% |
| 2017 | 176,841 | 248,845 | −72,004 | -8.4 | 0% |
| 2018 | 182,706 | 229,960 | −47,254 | -11.5 | 0% |
| 2019 | 195,223 | 226,881 | −31,658 | -13.4 | 0% |
| 2020 | 100,301 | 147,107 | −46,806 | -24.4 | 0% |
| 2021 | 118,215 | 144,109 | −25,894 | -25.4 | 0% |
| 2022 | 162,226 | 171,896 | −9,670 | -22.0 | 0% |
| 2023 | 172,883 | 186,182 | −13,299 | -21.1 | 0% |
In its most recent public year (2023), this organization spent $13,299 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-21.1 months), down from -9.2 in 2012. 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 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
Vermont Avenue Baptist Church Development Corporation'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