Veterans On The Rise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,958,074 | 1,755,995 | 202,079 | 2.7 | 47% |
| 2021 | 2,287,876 | 2,047,208 | 240,668 | 3.7 | 49% |
| 2022 | 2,508,390 | 2,278,050 | 230,340 | 4.4 | 52% |
| 2023 | 3,349,882 | 2,891,091 | 458,791 | 5.4 | 58% |
In its most recent public year (2023), this organization brought in $458,791 more than it spent. Its reserves stood at about 5.4 months of spending, up from 2.7 in 2020. Staff pay was 58% of spending. $35,000 of its net assets are donor-restricted.
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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