Victory Television Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 2,072,149 | 2,953,561 | −881,412 | 43.6 | 35% |
| 2017 | 2,020,707 | 2,967,853 | −947,146 | 39.6 | 35% |
| 2018 | 6,638,683 | 2,987,963 | 3,650,720 | 54.0 | 34% |
| 2019 | 2,119,688 | 3,092,472 | −972,784 | 48.4 | 34% |
| 2020 | 2,480,493 | 3,194,912 | −714,419 | 44.2 | 33% |
| 2021 | 2,438,439 | 3,005,505 | −567,066 | 44.7 | 35% |
| 2022 | 2,289,666 | 3,031,707 | −742,041 | 41.4 | 36% |
| 2023 | 2,137,178 | 3,112,794 | −975,616 | 36.5 | 36% |
In its most recent public year (2023), this organization spent $975,616 more than it brought in. Its reserves stood at about 36.5 months of spending, down from 43.6 in 2016. 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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