Maryland Center For Veterans Education And Training Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,708,126 | 3,754,002 | −45,876 | 7.1 | 46% |
| 2012 | 3,169,650 | 3,361,664 | −192,014 | 7.2 | 50% |
| 2013 | 4,035,517 | 3,648,370 | 387,147 | 7.9 | 46% |
| 2014 | 3,108,774 | 3,363,972 | −255,198 | 7.5 | 42% |
| 2015 | 3,545,156 | 3,491,960 | 53,196 | 7.4 | 45% |
| 2016 | 3,400,127 | 3,319,323 | 80,804 | 8.6 | 49% |
| 2017 | 3,183,571 | 3,587,456 | −403,885 | 6.6 | 45% |
| 2018 | 3,085,860 | 3,149,779 | −63,919 | 7.2 | 48% |
| 2019 | 2,487,445 | 2,692,438 | −204,993 | 6.7 | 49% |
| 2020 | 2,862,708 | 2,611,930 | 250,778 | 7.6 | 52% |
In its most recent public year (2020), this organization brought in $250,778 more than it spent. Its reserves stood at about 7.6 months of spending. Staff pay was 52% 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 2020. 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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