Verano Learning Partners
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 31,535,987 | 22,417,466 | 9,118,521 | 13.4 | 27% |
| 2012 | 34,474,197 | 24,674,997 | 9,799,200 | 17.0 | 29% |
| 2013 | 33,940,506 | 31,247,922 | 2,692,584 | 14.4 | 29% |
| 2014 | 33,992,189 | 28,736,215 | 5,255,974 | 18.7 | 33% |
| 2015 | 33,653,305 | 32,017,377 | 1,635,928 | 17.0 | 30% |
| 2016 | 3,687,668 | 3,770,410 | −82,742 | 141.8 | 6% |
| 2017 | 1,282,257 | 1,203,468 | 78,789 | 463.4 | 5% |
| 2018 | 786,002 | 1,558,003 | −772,001 | 360.6 | 19% |
| 2019 | 1,455,808 | 2,168,751 | −712,943 | 259.1 | 28% |
| 2020 | 2,578,161 | 5,155,756 | −2,577,595 | 100.1 | 33% |
| 2021 | 4,366,746 | 7,033,119 | −2,666,373 | 81.2 | 27% |
| 2023 | 4,958,945 | 4,476,621 | 482,324 | 109.8 | 21% |
In its most recent public year (2023), this organization brought in $482,324 more than it spent. Its reserves stood at about 109.8 months of spending, up from 13.4 in 2011. Staff pay was 21% 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
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