Virginia Beach Education Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 243,601 | 202,056 | 41,545 | 11.2 | 52% |
| 2021 | 197,657 | 195,043 | 2,614 | 11.8 | — |
| 2022 | 111,318 | 152,077 | −40,759 | 11.9 | — |
| 2023 | 209,631 | 182,385 | 27,246 | 11.7 | 46% |
| 2024 | 187,484 | 187,078 | 406 | 11.4 | 60% |
In its most recent public year (2024), this organization brought in $406 more than it spent. Its reserves stood at about 11.4 months of spending. Staff pay was 60% 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 2024. 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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