National Veteran Owned Business Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 467,909 | 427,915 | 39,994 | 4.1 | 39% |
| 2019 | 445,863 | 419,706 | 26,157 | 5.0 | 40% |
| 2020 | 831,872 | 445,170 | 386,702 | 15.1 | 37% |
| 2021 | 734,997 | 522,243 | 212,754 | 17.8 | 39% |
| 2022 | 932,414 | 703,007 | 229,407 | 16.7 | 33% |
| 2023 | 1,056,602 | 812,043 | 244,559 | 18.1 | 32% |
In its most recent public year (2023), this organization brought in $244,559 more than it spent. Its reserves stood at about 18.1 months of spending, up from 4.1 in 2018. Staff pay was 32% 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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