Virginia Business Higher Education Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,016,523 | 855,615 | 160,908 | 0.0 | 0% |
| 2012 | 489,931 | 332,273 | 157,658 | 5.8 | 0% |
| 2013 | 741,950 | 757,394 | −15,444 | 2.3 | 0% |
| 2014 | 871,250 | 994,696 | −123,446 | 0.3 | 0% |
| 2015 | 1,635,817 | 1,805,559 | −169,742 | -1.0 | 0% |
| 2016 | 2,123,159 | 1,759,581 | 363,578 | 1.5 | 0% |
| 2017 | 1,397,282 | 1,438,229 | −40,947 | 1.5 | 0% |
| 2018 | 1,084,912 | 891,786 | 193,126 | 4.9 | 0% |
| 2019 | 735,891 | 1,068,433 | −332,542 | 0.4 | 0% |
| 2020 | 603,626 | 510,008 | 93,618 | 3.0 | 0% |
| 2021 | 1,183,737 | 1,163,939 | 19,798 | 1.5 | 0% |
| 2022 | 523,946 | 605,964 | −82,018 | 1.3 | 0% |
| 2023 | 1,159,995 | 1,086,933 | 73,062 | 1.5 | 0% |
In its most recent public year (2023), this organization brought in $73,062 more than it spent. Its reserves stood at about 1.5 months of spending, up from 0 in 2011. Staff pay was 0% 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 Business Higher Education Council'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