Veranda Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 87,382 | 76,231 | 11,151 | 5.2 | — |
| 2019 | 114,631 | 105,386 | 9,245 | 4.8 | — |
| 2020 | 84,489 | 103,910 | −19,421 | 2.7 | — |
| 2021 | 128,748 | 123,054 | 5,694 | 4.3 | — |
| 2022 | 113,434 | 126,622 | −13,188 | 3.0 | — |
| 2023 | 207,550 | 162,385 | 45,165 | 5.7 | 45% |
In its most recent public year (2023), this organization brought in $45,165 more than it spent. Its reserves stood at about 5.7 months of spending. Staff pay was 45% 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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