Veterans Education Success Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 116,500 | 66,270 | 50,230 | 9.1 | — |
| 2014 | 64,829 | 12,438 | 52,391 | 99.0 | — |
| 2015 | 239,983 | 185,046 | 54,937 | 10.0 | 74% |
| 2016 | 438,019 | 230,073 | 207,946 | 19.3 | 68% |
| 2017 | 1,039,071 | 419,703 | 619,368 | 28.3 | 66% |
| 2018 | 1,796,712 | 1,136,525 | 660,187 | 17.4 | 49% |
| 2019 | 2,104,273 | 1,092,300 | 1,011,973 | 29.2 | 62% |
| 2020 | 1,891,403 | 1,870,251 | 21,152 | 17.2 | 44% |
| 2021 | 3,336,791 | 1,537,659 | 1,799,132 | 35.0 | 60% |
| 2022 | 495,150 | 1,645,782 | −1,150,632 | 24.3 | 59% |
| 2023 | 1,979,699 | 1,613,460 | 366,239 | 27.5 | 55% |
In its most recent public year (2023), this organization brought in $366,239 more than it spent. Its reserves stood at about 27.5 months of spending, up from 9.1 in 2013. Staff pay was 55% of spending. $1,156,810 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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