Florida Veterinary Medical Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,709,121 | 2,472,673 | 236,448 | 30.2 | 33% |
| 2021 | 3,633,638 | 3,352,696 | 280,942 | 23.8 | 24% |
| 2022 | 3,576,934 | 3,388,981 | 187,953 | 20.2 | 27% |
In its most recent public year (2022), this organization brought in $187,953 more than it spent. Its reserves stood at about 20.2 months of spending, down from 30.2 in 2020. Staff pay was 27% 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 2022. 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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