Virginia Beach Fellows Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 188,484 | 158,301 | 30,183 | 2.3 | — |
| 2020 | 248,888 | 235,489 | 13,399 | 2.2 | 61% |
| 2021 | 314,003 | 275,658 | 38,345 | 3.6 | 57% |
| 2022 | 312,018 | 301,306 | 10,712 | 3.7 | 58% |
| 2023 | 365,041 | 342,045 | 22,996 | 4.1 | 62% |
In its most recent public year (2023), this organization brought in $22,996 more than it spent. Its reserves stood at about 4.1 months of spending, up from 2.3 in 2019. Staff pay was 62% 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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