Virginia Society For Technology In Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 258,479 | 212,625 | 45,854 | -0.4 | 10% |
| 2012 | 236,072 | 248,232 | −12,160 | -0.9 | 17% |
| 2013 | 293,271 | 263,415 | 29,856 | 0.5 | 12% |
| 2014 | 293,880 | 259,507 | 34,373 | 2.0 | 13% |
| 2015 | 416,410 | 342,482 | 73,928 | 4.1 | 10% |
| 2016 | 395,836 | 431,631 | −35,795 | 2.2 | 8% |
| 2017 | 588,602 | 420,995 | 167,607 | 7.1 | 9% |
| 2018 | 456,826 | 479,489 | −22,663 | 5.6 | 9% |
| 2019 | 664,307 | 625,875 | 38,432 | 5.1 | 7% |
| 2020 | 508,330 | 535,730 | −27,400 | 5.3 | 9% |
| 2021 | 233,389 | 200,705 | 32,684 | 16.1 | 25% |
| 2022 | 432,708 | 496,669 | −63,961 | 5.0 | 10% |
| 2023 | 685,671 | 404,909 | 280,762 | 18.1 | 8% |
In its most recent public year (2023), this organization brought in $280,762 more than it spent. Its reserves stood at about 18.1 months of spending, up from -0.4 in 2011. Staff pay was 8% 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
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