everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Velvet Ashes Incorporated

Newtown Sq, PA / EIN 81-1298929 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201763,74521,42942,31643.3
201895,45858,20337,25523.6
201994,629110,009−15,38010.8
2020134,149120,68813,46111.2
2021167,536142,37925,15711.6
2022153,706174,255−20,5498.1
2023167,097203,169−36,0724.8

In its most recent public year (2023), this organization spent $36,072 more than it brought in. Its reserves stood at about 4.8 months of spending, down from 43.3 in 2017.

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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