Virginia Foundation For Research And Economic Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 639,707 | 659,762 | −20,055 | 5.6 | 33% |
| 2012 | 565,759 | 642,144 | −76,385 | 4.7 | 46% |
| 2013 | 487,755 | 612,432 | −124,677 | 2.4 | 49% |
| 2014 | 336,388 | 345,688 | −9,300 | 3.6 | 40% |
| 2015 | 265,266 | 315,255 | −49,989 | 1.8 | 58% |
| 2016 | 291,146 | 270,055 | 21,091 | 2.7 | 59% |
| 2017 | 186,920 | 170,753 | 16,167 | 5.6 | — |
| 2018 | 227,384 | 164,303 | 63,081 | 10.3 | 63% |
| 2019 | 211,541 | 270,258 | −58,717 | 3.8 | 57% |
| 2020 | 171,888 | 217,966 | −46,078 | 2.3 | — |
| 2021 | 246,721 | 224,323 | 22,398 | 4.9 | 61% |
| 2022 | 225,826 | 245,801 | −19,975 | 3.1 | 55% |
| 2023 | 246,768 | 246,117 | 651 | 3.4 | 56% |
In its most recent public year (2023), this organization brought in $651 more than it spent. Its reserves stood at about 3.4 months of spending, down from 5.6 in 2011. Staff pay was 56% 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
Virginia Foundation For Research And Economic Education 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