Vertical Skills Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 198,214 | 150,662 | 47,552 | 3.8 | — |
| 2016 | 513,089 | 452,977 | 60,112 | 2.9 | 62% |
| 2017 | 607,636 | 679,398 | −71,762 | 0.6 | 68% |
| 2018 | 559,585 | 544,646 | 14,939 | 0.9 | 69% |
| 2019 | 416,001 | 366,869 | 49,132 | 3.0 | 51% |
| 2020 | 511,660 | 450,590 | 61,070 | 3.6 | 63% |
| 2021 | 553,354 | 452,956 | 100,398 | 6.2 | 59% |
| 2022 | 605,642 | 523,742 | 81,900 | 7.3 | 68% |
| 2023 | 797,978 | 702,513 | 95,465 | 7.0 | 68% |
In its most recent public year (2023), this organization brought in $95,465 more than it spent. Its reserves stood at about 7 months of spending, up from 3.8 in 2015. Staff pay was 68% 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
Vertical Skills Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works