Value-Added Agriculture Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 270,417 | 258,289 | 12,128 | 24.3 | 0% |
| 2021 | 319,133 | 279,757 | 39,376 | 24.1 | 0% |
| 2022 | 329,442 | 339,214 | −9,772 | 19.5 | 0% |
| 2023 | 391,423 | 348,514 | 42,909 | 20.5 | 0% |
In its most recent public year (2023), this organization brought in $42,909 more than it spent. Its reserves stood at about 20.5 months of spending, down from 24.3 in 2020. Staff pay was 0% of spending. $60,000 of its net assets are donor-restricted.
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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