Operating record

Vernon Council On Aging Inc

Leesville, LA · EIN 72-0650271 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,142,153$1,050,637$91,5161.839%
2021$1,497,951$1,207,863$290,0884.539%
2022$1,374,021$1,198,783$175,2386.342%
2023$1,505,989$1,502,358$3,6316.738%

In its most recent public year (2023), this organization brought in $3,631 more than it spent. Its reserves stood at about 6.7 months of spending, up from 1.8 in 2020. Staff pay was 38% of spending. $117,765 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 ↗