Venice Parents Daycare And Preschool
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 522,261 | 513,320 | 8,941 | 10.5 | 56% |
| 2021 | 548,532 | 541,071 | 7,461 | 10.1 | 56% |
| 2022 | 552,768 | 573,930 | −21,162 | 9.1 | 58% |
| 2023 | 565,978 | 617,990 | −52,012 | 7.4 | 61% |
In its most recent public year (2023), this organization spent $52,012 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 10.5 in 2020. Staff pay was 61% 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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