Veritas Catholic Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 53,830 | 10,385 | 43,445 | 50.2 | — |
| 2020 | 236,127 | 227,976 | 8,151 | 14.4 | 71% |
| 2021 | 252,571 | 236,634 | 15,937 | 14.7 | 56% |
| 2022 | 379,634 | 345,571 | 34,063 | 11.2 | 47% |
| 2023 | 279,296 | 301,082 | −21,786 | 12.0 | 61% |
In its most recent public year (2023), this organization spent $21,786 more than it brought in. Its reserves stood at about 12 months of spending, down from 50.2 in 2018. Staff pay was 61% 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
Veritas Catholic Network Inc's IRS filings as a feed — one entry per filing year, through 2023. 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