Medtech And Biotech Veterans Program Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 35,000 | 35,000 | 0 | 0.0 | — |
| 2016 | 222,019 | 190,380 | 31,639 | 14.8 | 42% |
| 2017 | 303,195 | 196,594 | 106,601 | 20.8 | 41% |
| 2018 | 345,613 | 301,754 | 43,859 | 15.3 | 42% |
| 2019 | 101,643 | 346,275 | −244,632 | 4.9 | 35% |
| 2020 | 175,852 | 220,646 | −44,794 | 5.2 | 31% |
| 2021 | 208,534 | 186,438 | 22,096 | 7.6 | 42% |
| 2022 | 215,904 | 211,820 | 4,084 | 6.9 | 29% |
| 2023 | 299,203 | 354,369 | −55,166 | 2.3 | 36% |
In its most recent public year (2023), this organization spent $55,166 more than it brought in. Its reserves stood at about 2.3 months of spending, up from 0 in 2014. Staff pay was 36% 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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