Volunteer Instructors Teaching Adults Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 514,474 | 480,541 | 33,933 | 21.7 | 59% |
| 2022 | 508,429 | 473,242 | 35,187 | 22.2 | 59% |
| 2023 | 641,820 | 617,892 | 23,928 | 17.5 | 54% |
| 2024 | 672,539 | 642,245 | 30,294 | 17.5 | 54% |
In its most recent public year (2024), this organization brought in $30,294 more than it spent. Its reserves stood at about 17.5 months of spending, down from 21.7 in 2021. Staff pay was 54% 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 2024. 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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