Vad Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 59,908 | 42,200 | 17,708 | 5.0 | 0% |
| 2017 | 33,200 | 47,717 | −14,517 | 0.8 | 0% |
| 2018 | 20,000 | 18,650 | 1,350 | 2.9 | 0% |
| 2019 | 52,492 | 50,910 | 1,582 | 1.4 | 0% |
| 2020 | 80,400 | 18,530 | 61,870 | 44.0 | 0% |
| 2021 | 7,550 | 28,856 | −21,306 | 19.4 | 0% |
| 2022 | 224,308 | 22,561 | 201,747 | 132.1 | 0% |
| 2023 | 134,451 | 94,349 | 40,102 | 36.7 | 0% |
In its most recent public year (2023), this organization brought in $40,102 more than it spent. Its reserves stood at about 36.7 months of spending. 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 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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