Budd Group Veba
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,216,324 | 4,588,334 | −372,010 | 0.2 | 0% |
| 2022 | 4,990,811 | 4,969,654 | 21,157 | 0.2 | 0% |
| 2023 | 5,809,847 | 5,796,673 | 13,174 | 0.2 | 0% |
In its most recent public year (2023), this organization brought in $13,174 more than it spent. Its reserves stood at about 0.2 months of spending. Staff pay was 0% 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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