Virginia Independence Training Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,979,794 | 1,933,871 | 45,923 | 1.6 | 21% |
| 2012 | 1,959,679 | 2,300,230 | −340,551 | -0.4 | 12% |
| 2013 | 1,988,270 | 2,004,083 | −15,813 | -0.6 | 66% |
| 2014 | 2,016,147 | 1,945,222 | 70,925 | -0.2 | 66% |
| 2015 | 1,993,299 | 1,920,831 | 72,468 | 0.3 | 64% |
| 2016 | 2,107,194 | 2,059,137 | 48,057 | 0.5 | 67% |
| 2017 | 2,146,535 | 2,038,200 | 108,335 | 1.2 | 16% |
| 2018 | 1,631,556 | 1,626,855 | 4,701 | 1.5 | 75% |
| 2019 | 1,732,027 | 1,723,872 | 8,155 | 1.5 | 19% |
| 2020 | 1,680,512 | 1,890,685 | −210,173 | 0.0 | 17% |
| 2021 | 1,542,393 | 1,745,250 | −202,857 | -1.4 | 20% |
| 2022 | 1,595,147 | 1,804,744 | −209,597 | -2.7 | 20% |
| 2023 | 1,929,506 | 2,228,968 | −299,462 | -3.8 | 16% |
In its most recent public year (2023), this organization spent $299,462 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), down from 1.6 in 2011. Staff pay was 16% 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 Independence Training Organization'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