Veterans Enterprise Training & Services Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 355,476 | 332,837 | 22,639 | 4.3 | 11% |
| 2021 | 376,037 | 409,786 | −33,749 | 2.5 | 17% |
| 2022 | 582,854 | 540,350 | 42,504 | 2.9 | 24% |
| 2023 | 550,558 | 820,124 | −269,566 | -2.1 | 23% |
In its most recent public year (2023), this organization spent $269,566 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), down from 4.3 in 2020. Staff pay was 23% 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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