Bridging Virginia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,000 | 7,622 | 2,378 | 3.7 | — |
| 2021 | 198,500 | 74,500 | 124,000 | 20.4 | — |
| 2022 | 631,808 | 213,492 | 418,316 | 30.6 | 47% |
| 2023 | 884,884 | 596,386 | 288,498 | 13.7 | 35% |
In its most recent public year (2023), this organization brought in $288,498 more than it spent. Its reserves stood at about 13.7 months of spending, up from 3.7 in 2020. Staff pay was 35% of spending. $480,443 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
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