Vance Charter School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 81,404 | 5,614 | 75,790 | 162.0 | — |
| 2015 | 1,175,244 | 2,468 | 1,172,776 | 6070.8 | 0% |
| 2016 | 256,677 | 70,099 | 186,578 | 245.7 | 0% |
| 2017 | 270,894 | 263,948 | 6,946 | 65.6 | 0% |
| 2018 | 401,237 | 440,560 | −39,323 | 38.2 | 0% |
| 2019 | 404,481 | 543,285 | −138,804 | 27.9 | 0% |
| 2020 | 718,436 | 591,520 | 126,916 | 28.2 | 0% |
| 2021 | 546,801 | 698,759 | −151,958 | 21.3 | 0% |
| 2022 | 708,867 | 688,522 | 20,345 | 21.9 | 0% |
| 2023 | 757,369 | 731,663 | 25,706 | 21.1 | 0% |
In its most recent public year (2023), this organization brought in $25,706 more than it spent. Its reserves stood at about 21.1 months of spending, down from 162 in 2014. 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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