Virginia Free Enterprise Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,383 | 12,685 | 30,698 | 136.9 | — |
| 2012 | 52,213 | 90,305 | −38,092 | 14.2 | — |
| 2013 | 71,022 | 75,235 | −4,213 | 16.3 | 0% |
| 2014 | 10,504 | 101,510 | −91,006 | 1.4 | 0% |
| 2015 | 30,001 | 9,537 | 20,464 | 40.1 | 0% |
| 2016 | 12,004 | 31,170 | −19,166 | 4.9 | 0% |
| 2017 | 1,002 | 1,393 | −391 | 106.3 | — |
| 2018 | 21,004 | 14,200 | 6,804 | 16.2 | — |
| 2019 | 15,979 | 20,493 | −4,514 | 8.6 | — |
| 2020 | 21,526 | 34,828 | −13,302 | 0.5 | — |
| 2021 | 11,000 | 10,474 | 526 | 2.1 | — |
| 2022 | 21,000 | 21,354 | −354 | 0.8 | — |
| 2023 | 20,670 | 21,250 | −580 | 0.5 | — |
In its most recent public year (2023), this organization spent $580 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 136.9 in 2011.
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 Free Enterprise Foundation'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