Guitars For Vets
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 9,142 | 8,521 | 621 | 2.5 | — |
| 2011 | 73,661 | 79,319 | −5,658 | 1.3 | — |
| 2012 | 69,453 | 63,601 | 5,852 | 2.8 | — |
| 2013 | 112,438 | 91,083 | 21,355 | 4.7 | — |
| 2014 | 192,506 | 133,256 | 59,250 | 8.6 | — |
| 2015 | 222,762 | 163,683 | 59,079 | 11.3 | 40% |
| 2016 | 293,805 | 228,141 | 65,664 | 11.6 | 46% |
| 2017 | 347,396 | 258,308 | 89,088 | 14.4 | 50% |
| 2018 | 417,932 | 344,601 | 73,331 | 13.3 | 47% |
| 2019 | 819,354 | 530,387 | 288,967 | 15.2 | 39% |
| 2020 | 923,897 | 402,790 | 521,107 | 35.5 | 58% |
| 2021 | 834,687 | 659,499 | 175,188 | 25.3 | 44% |
| 2022 | 921,334 | 835,825 | 85,509 | 21.3 | 42% |
| 2023 | 1,193,995 | 1,114,879 | 79,116 | 16.8 | 35% |
In its most recent public year (2023), this organization brought in $79,116 more than it spent. Its reserves stood at about 16.8 months of spending, up from 2.5 in 2008. Staff pay was 35% of spending. $423,761 of its net assets are donor-restricted.
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
Guitars For Vets'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