Virginia Soccer Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,604,616 | 1,921,416 | −316,800 | 7.7 | 53% |
| 2021 | 2,483,537 | 2,109,224 | 374,313 | 9.2 | 52% |
| 2023 | 2,973,060 | 2,500,521 | 472,539 | 11.5 | 50% |
In its most recent public year (2023), this organization brought in $472,539 more than it spent. Its reserves stood at about 11.5 months of spending, up from 7.7 in 2020. Staff pay was 50% 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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