Violas Gift Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 452,876 | 431,412 | 21,464 | 0.6 | 9% |
| 2021 | 601,048 | 598,466 | 2,582 | 0.5 | 11% |
| 2022 | 327,754 | 270,583 | 57,171 | 2.5 | 0% |
| 2023 | 139,721 | 183,004 | −43,283 | 2.0 | 0% |
In its most recent public year (2023), this organization spent $43,283 more than it brought in. Its reserves stood at about 2 months of spending, up from 0.6 in 2020. 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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