Viracity Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 4,658 | −4,658 | -12.5 | — |
| 2017 | 0 | 6,970 | −6,970 | -20.3 | — |
| 2018 | 1,510 | 8,042 | −6,532 | -27.4 | — |
| 2019 | 0 | 12,355 | −12,355 | -29.8 | — |
| 2020 | 737 | 30,664 | −29,927 | -23.7 | 0% |
| 2021 | 4,195 | 55,043 | −50,848 | -23.7 | 0% |
| 2022 | 12,076 | 38,647 | −26,571 | -34.5 | 0% |
In its most recent public year (2022), this organization spent $26,571 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-34.5 months), down from -12.5 in 2016. 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 2022. 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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