Southside Virginia Education Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 172,024 | 178,655 | −6,631 | 0.8 | — |
| 2021 | 161,997 | 168,556 | −6,559 | 0.4 | — |
| 2022 | 168,482 | 166,446 | 2,036 | 0.6 | — |
| 2023 | 179,457 | 180,841 | −1,384 | 0.4 | — |
In its most recent public year (2023), this organization spent $1,384 more than it brought in. Its reserves stood at about 0.4 months 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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