Steamer Virginia V Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 406,349 | 579,926 | −173,577 | 27.4 | 29% |
| 2020 | 374,528 | 471,757 | −97,229 | 31.2 | 35% |
| 2021 | 1,163,610 | 701,237 | 462,373 | 28.9 | 16% |
| 2022 | 1,138,537 | 622,212 | 516,325 | 42.5 | 23% |
| 2023 | 459,979 | 537,389 | −77,410 | 47.5 | 26% |
In its most recent public year (2023), this organization spent $77,410 more than it brought in. Its reserves stood at about 47.5 months of spending, up from 27.4 in 2019. Staff pay was 26% of spending. $9,645 of its net assets are donor-restricted.
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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