Virginia State University Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 500 | 0 | 500 | — | — |
| 2014 | 250 | 135 | 115 | 54.7 | — |
| 2015 | 621,450 | 125,234 | 496,216 | 56.7 | 0% |
| 2016 | 248,562 | 171,191 | 77,371 | 48.9 | 0% |
| 2017 | 1,946,413 | 1,035,197 | 911,216 | 18.6 | 0% |
| 2018 | 409,001 | 84,537 | 324,464 | 106.0 | 0% |
| 2019 | 177,000 | 74,054 | 102,946 | 113.4 | 0% |
| 2020 | 100,690 | 53,364 | 47,326 | 145.8 | 0% |
| 2021 | 197,000 | 13,201 | 183,799 | 756.5 | 0% |
| 2022 | 85,500 | 15,785 | 69,715 | 687.9 | 0% |
| 2023 | 92,000 | 31,037 | 60,963 | 373.4 | 0% |
In its most recent public year (2023), this organization brought in $60,963 more than it spent. Its reserves stood at about 373.4 months of spending. Staff pay was 0% of spending. $552,584 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
Virginia State University Research Foundation'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