Greater Roanoke Valley Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,537 | 10,301 | −4,764 | 1544.4 | 0% |
| 2022 | 825 | 10,384 | −9,559 | 1513.9 | 0% |
| 2023 | 10,425 | 10,385 | 40 | 1538.3 | 0% |
| 2024 | 72,375 | 11,843 | 60,532 | 1395.0 | 0% |
In its most recent public year (2024), this organization brought in $60,532 more than it spent. Its reserves stood at about 1395 months of spending, down from 1544.4 in 2021. 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 2024. 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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