Virginia Biotechnology Research Park
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 380,558 | 223,177 | 157,381 | 9.9 | 0% |
| 2017 | 137,316 | 211,111 | −73,795 | 6.3 | 0% |
| 2018 | 239,093 | 340,481 | −101,388 | 0.3 | 0% |
| 2019 | 940,631 | 812,345 | 128,286 | 2.1 | 0% |
| 2020 | 1,305,801 | 961,560 | 344,241 | 6.0 | 0% |
| 2021 | 1,173,848 | 809,922 | 363,926 | 12.5 | 0% |
| 2022 | 1,876,994 | 1,403,898 | 473,096 | 11.3 | 33% |
| 2023 | 1,323,136 | 1,780,360 | −457,224 | 5.8 | 30% |
In its most recent public year (2023), this organization spent $457,224 more than it brought in. Its reserves stood at about 5.8 months of spending, down from 9.9 in 2016. Staff pay was 30% 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 Biotechnology Research Park'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