Virtues Matter Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 163,653 | 123,963 | 39,690 | 3.8 | 47% |
| 2022 | 133,501 | 139,801 | −6,300 | 2.9 | 64% |
| 2023 | 112,221 | 127,349 | −15,128 | 1.7 | 82% |
In its most recent public year (2023), this organization spent $15,128 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 3.8 in 2021. Staff pay was 82% 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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