Veterans Ambulatory Center Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 6,518,566 | 929,179 | 5,589,387 | 72.2 | 0% |
| 2018 | 9,475,701 | 968,473 | 8,507,228 | 174.7 | 0% |
| 2019 | 1,938,847 | 470,167 | 1,468,680 | 397.3 | 0% |
| 2020 | 3,158,326 | 18,113,712 | −14,955,386 | 0.4 | 0% |
| 2021 | 9 | 121,846 | −121,837 | 48.1 | 0% |
| 2022 | 6 | 26,918 | −26,912 | 205.6 | 0% |
In its most recent public year (2022), this organization spent $26,912 more than it brought in. Its reserves stood at about 205.6 months of spending, up from 72.2 in 2017. Staff pay was 0% of spending. $461,160 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 2022. 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
Veterans Ambulatory Center Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works