Vip Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,510,310 | 76,129 | 1,434,181 | 228.5 | 41% |
| 2022 | 46,558 | 156,884 | −110,326 | 86.2 | 15% |
| 2023 | 43,352 | 132,470 | −89,118 | 103.7 | 10% |
In its most recent public year (2023), this organization spent $89,118 more than it brought in. Its reserves stood at about 103.7 months of spending, down from 228.5 in 2021. Staff pay was 10% 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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