Volta Medical Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 160,995 | 216,344 | −55,349 | 1.2 | 0% |
| 2022 | 2,998 | 180,574 | −177,576 | -10.6 | 22% |
| 2023 | 206,198 | 448,976 | −242,778 | -5.3 | 56% |
In its most recent public year (2023), this organization spent $242,778 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.3 months). Staff pay was 56% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works