Velkommen Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,001 | 109,364 | −15,363 | -30.1 | 0% |
| 2012 | 110,532 | 96,185 | 14,347 | -32.4 | 0% |
| 2013 | 106,274 | 92,984 | 13,290 | -31.8 | 0% |
| 2014 | 107,675 | 152,891 | −45,216 | -22.9 | 0% |
| 2015 | 105,623 | 101,518 | 4,105 | -34.0 | 0% |
| 2016 | 112,680 | 139,371 | −26,691 | -28.3 | 0% |
| 2017 | 118,283 | 159,821 | −41,538 | -27.8 | 0% |
| 2018 | 96,769 | 155,750 | −58,981 | -32.4 | 0% |
| 2019 | 105,576 | 155,788 | −50,212 | -36.3 | 6% |
| 2020 | 113,827 | 148,235 | −34,408 | -41.0 | 6% |
| 2021 | 104,641 | 148,487 | −43,846 | -44.5 | 6% |
| 2022 | 117,326 | 154,994 | −37,668 | -45.5 | 7% |
| 2023 | 128,181 | 165,773 | −37,592 | -40.2 | 0% |
In its most recent public year (2023), this organization spent $37,592 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-40.2 months), down from -30.1 in 2011. 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 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
Velkommen Inc'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