Tvec Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 244,342 | 203,905 | 40,437 | 2.4 | 0% |
| 2014 | 328,274 | 285,766 | 42,508 | 3.4 | 0% |
| 2015 | 330,044 | 331,026 | −982 | 2.9 | 0% |
| 2016 | 336,749 | 339,317 | −2,568 | 2.7 | 0% |
| 2017 | 345,699 | 364,000 | −18,301 | 1.9 | 0% |
| 2018 | 362,558 | 350,197 | 12,361 | 2.4 | 0% |
| 2019 | 374,132 | 365,900 | 8,232 | 2.6 | 0% |
| 2020 | 388,890 | 375,760 | 13,130 | 3.0 | 0% |
| 2021 | 405,632 | 345,890 | 59,742 | 5.3 | 0% |
| 2022 | 427,219 | 430,088 | −2,869 | 4.2 | 0% |
| 2023 | 446,059 | 489,259 | −43,200 | 2.6 | 0% |
In its most recent public year (2023), this organization spent $43,200 more than it brought in. Its reserves stood at about 2.6 months of spending. 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
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