Vertuassets Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 5,152,000 | 105,073 | 5,046,927 | 576.4 | 0% |
| 2018 | 4,799,648 | 2,859,205 | 1,940,443 | 29.5 | 0% |
| 2019 | 3,067,297 | 4,015,575 | −948,278 | 19.1 | 0% |
| 2020 | 6,216,167 | 3,916,676 | 2,299,491 | 27.9 | 0% |
| 2021 | 9,672,097 | 7,687,328 | 1,984,769 | 17.3 | 0% |
| 2022 | 37,486,655 | 26,898,148 | 10,588,507 | 9.8 | 0% |
| 2023 | 4,943,728 | 11,768,632 | −6,824,904 | 16.5 | 0% |
In its most recent public year (2023), this organization spent $6,824,904 more than it brought in. Its reserves stood at about 16.5 months of spending, down from 576.4 in 2017. Staff pay was 0% 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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