Virginia Beach City Public Schools Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 193,782 | 164,710 | 29,072 | 96.1 | 0% |
| 2012 | 253,436 | 156,159 | 97,277 | 107.0 | 0% |
| 2013 | 255,786 | 245,910 | 9,876 | 77.3 | 0% |
| 2014 | 298,797 | 221,522 | 77,275 | 103.7 | 0% |
| 2015 | 297,701 | 256,729 | 40,972 | 90.9 | 0% |
| 2016 | 366,120 | 341,252 | 24,868 | 70.6 | 0% |
| 2017 | 596,708 | 222,058 | 374,650 | 124.0 | 0% |
| 2018 | 424,733 | 256,224 | 168,509 | 113.7 | 0% |
| 2019 | 381,819 | 237,153 | 144,666 | 135.8 | 0% |
| 2020 | 541,128 | 305,091 | 236,037 | 113.7 | 0% |
| 2021 | 380,214 | 259,140 | 121,074 | 145.9 | 0% |
| 2022 | 475,885 | 347,473 | 128,412 | 97.8 | 0% |
| 2023 | 594,620 | 736,796 | −142,176 | 46.4 | 0% |
| 2024 | 630,169 | 721,834 | −91,665 | 48.3 | 0% |
In its most recent public year (2024), this organization spent $91,665 more than it brought in. Its reserves stood at about 48.3 months of spending, down from 96.1 in 2011. Staff pay was 0% of spending. $304,834 of its net assets are donor-restricted.
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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