Vela Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 168,942 | 179,952 | −11,010 | -0.7 | — |
| 2019 | 464,211 | 392,954 | 71,257 | 1.8 | 54% |
| 2020 | 408,751 | 571,301 | −162,550 | -2.1 | 63% |
| 2021 | 736,351 | 672,143 | 64,208 | -0.7 | 76% |
| 2022 | 978,998 | 959,742 | 19,256 | -0.2 | 63% |
| 2023 | 1,166,640 | 1,240,297 | −73,657 | -0.9 | 67% |
In its most recent public year (2023), this organization spent $73,657 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months). Staff pay was 67% 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
Vela Institute 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