Virginia Alliance For Business Commerce And Communities Foundatio
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 46,092 | 28,490 | 17,602 | 7.4 | — |
| 2021 | 143,380 | 159,315 | −15,935 | 0.1 | — |
| 2022 | 217,667 | 268,145 | −50,478 | -2.2 | 0% |
| 2023 | 292,964 | 348,011 | −55,047 | -3.5 | 30% |
In its most recent public year (2023), this organization spent $55,047 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.5 months), down from 7.4 in 2020. Staff pay was 30% 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
Virginia Alliance For Business Commerce And Communities Foundatio'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