Valo
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,581,567 | 424,038 | 2,157,529 | 61.1 | 49% |
| 2020 | 187,819 | 507,107 | −319,288 | 43.5 | 68% |
| 2021 | 232,917 | 514,401 | −281,484 | 36.3 | 69% |
| 2022 | 316,099 | 560,790 | −244,691 | 26.5 | 66% |
| 2023 | 289,459 | 647,437 | −357,978 | 17.1 | 67% |
In its most recent public year (2023), this organization spent $357,978 more than it brought in. Its reserves stood at about 17.1 months of spending, down from 61.1 in 2019. Staff pay was 67% of spending. $97,004 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
Valo's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works