Velocity 7
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 35,025 | 305 | 34,720 | 1366.0 | — |
| 2019 | 10,000 | 4,829 | 5,171 | 99.1 | — |
| 2020 | 7 | 1,999 | −1,992 | 227.5 | — |
| 2021 | 19 | 1,000 | −981 | 443.0 | — |
| 2022 | 37 | 1,900 | −1,863 | 221.4 | — |
| 2023 | 69 | 51 | 18 | 8252.5 | — |
In its most recent public year (2023), this organization brought in $18 more than it spent. Its reserves stood at about 8252.5 months of spending, up from 1366 in 2018.
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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