Vietnamese Initiatives In Economic Training
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 336,276 | 325,717 | 10,559 | 2.4 | 62% |
| 2021 | 442,632 | 398,104 | 44,528 | 3.3 | 59% |
| 2022 | 418,727 | 329,316 | 89,411 | 7.3 | 50% |
| 2023 | 387,032 | 405,406 | −18,374 | 5.4 | 51% |
In its most recent public year (2023), this organization spent $18,374 more than it brought in. Its reserves stood at about 5.4 months of spending, up from 2.4 in 2020. Staff pay was 51% 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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