Vero Heritage Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 142,729 | 211,861 | −69,132 | 9.5 | 33% |
| 2020 | 156,143 | 211,066 | −54,923 | 6.4 | 32% |
| 2021 | 227,722 | 195,665 | 32,057 | 8.9 | 34% |
| 2022 | 197,216 | 235,156 | −37,940 | 5.5 | 34% |
| 2023 | 219,706 | 245,569 | −25,863 | 4.0 | 28% |
In its most recent public year (2023), this organization spent $25,863 more than it brought in. Its reserves stood at about 4 months of spending, down from 9.5 in 2019. Staff pay was 28% of spending. $104,214 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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