Veranova Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,477 | 41,860 | 52,617 | 28.1 | — |
| 2021 | 283,480 | 8,887 | 274,593 | 503.0 | 0% |
| 2022 | 185,939 | 206,605 | −20,666 | 20.4 | 0% |
| 2023 | 132,442 | 289,931 | −157,489 | 8.0 | 0% |
In its most recent public year (2023), this organization spent $157,489 more than it brought in. Its reserves stood at about 8 months of spending, down from 28.1 in 2020. Staff pay was 0% 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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