Virginia Retired Teachers Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 28,878 | 22,893 | 5,985 | 70.5 | — |
| 2013 | 34,262 | 31,565 | 2,697 | 52.1 | — |
| 2014 | 35,570 | 28,847 | 6,723 | 59.8 | — |
| 2015 | 29,115 | 30,643 | −1,528 | 55.7 | — |
| 2016 | 37,368 | 34,527 | 2,841 | 50.4 | — |
| 2017 | 35,884 | 33,322 | 2,562 | 53.2 | — |
| 2018 | 34,157 | 33,858 | 299 | 52.5 | — |
| 2019 | 38,008 | 34,813 | 3,195 | 52.1 | — |
| 2020 | 28,103 | 28,470 | −367 | 63.6 | — |
| 2021 | 26,584 | 24,779 | 1,805 | 73.9 | — |
| 2022 | 37,939 | 43,813 | −5,874 | 40.2 | — |
In its most recent public year (2022), this organization spent $5,874 more than it brought in. Its reserves stood at about 40.2 months of spending, down from 70.5 in 2012.
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 2022. 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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