Veterinary Innovation Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 78,764 | 374,114 | −295,350 | -9.5 | — |
| 2017 | 193,333 | 224,854 | −31,521 | -17.4 | — |
| 2018 | 652,141 | 589,096 | 63,045 | -1.0 | 8% |
| 2019 | 682,489 | 627,095 | 55,394 | 0.1 | 14% |
| 2020 | 325,907 | 343,532 | −17,625 | -0.5 | 29% |
| 2021 | 571,363 | 567,150 | 4,213 | -0.2 | 18% |
| 2022 | 754,710 | 640,900 | 113,810 | 2.0 | 16% |
| 2023 | 292,500 | 322,026 | −29,526 | 2.8 | 31% |
In its most recent public year (2023), this organization spent $29,526 more than it brought in. Its reserves stood at about 2.8 months of spending, up from -9.5 in 2016. Staff pay was 31% 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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