Veterans Education Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 115,000 | 106,589 | 8,411 | 0.9 | — |
| 2020 | 331,800 | 171,560 | 160,240 | 11.8 | 14% |
| 2021 | 3,232,500 | 3,299,613 | −67,113 | 0.4 | 8% |
| 2022 | 485,451 | 380,060 | 105,391 | 6.3 | 55% |
| 2023 | 125,100 | 268,278 | −143,178 | 2.7 | — |
In its most recent public year (2023), this organization spent $143,178 more than it brought in. Its reserves stood at about 2.7 months of spending, up from 0.9 in 2019.
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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