Carroll County Veterans Independence Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 171,568 | 10,639 | 160,929 | 181.5 | 0% |
| 2019 | 21,866 | 13,914 | 7,952 | 145.6 | 0% |
| 2020 | 174,132 | 9,623 | 164,509 | 415.7 | 0% |
| 2021 | 137,487 | 163,609 | −26,122 | 22.5 | 20% |
| 2022 | 131,763 | 322,699 | −190,936 | 4.3 | 46% |
| 2023 | 239,333 | 298,722 | −59,389 | 2.3 | 46% |
In its most recent public year (2023), this organization spent $59,389 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 181.5 in 2018. Staff pay was 46% of spending. $762 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 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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