Parent Venture Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 117,841 | 100,135 | 17,706 | 2.3 | — |
| 2021 | 223,889 | 189,359 | 34,530 | 3.4 | 62% |
| 2022 | 338,604 | 280,030 | 58,574 | 4.8 | 54% |
| 2023 | 314,599 | 355,589 | −40,990 | 2.4 | 51% |
In its most recent public year (2023), this organization spent $40,990 more than it brought in. Its reserves stood at about 2.4 months of spending. Staff pay was 51% 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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