Read Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,140,019 | 2,390,732 | −250,713 | 2.7 | 63% |
| 2012 | 2,389,242 | 2,306,545 | 82,697 | 3.2 | 65% |
| 2013 | 1,579,753 | 1,636,281 | −56,528 | 4.2 | 53% |
| 2014 | 2,330,461 | 1,763,120 | 567,341 | 7.7 | 58% |
| 2015 | 2,241,686 | 2,101,382 | 140,304 | 7.3 | 60% |
| 2016 | 2,131,095 | 2,126,587 | 4,508 | 7.0 | 64% |
| 2017 | 1,914,470 | 1,903,946 | 10,524 | 7.8 | 59% |
| 2018 | 2,057,980 | 1,951,662 | 106,318 | 8.3 | 57% |
| 2019 | 2,209,875 | 2,243,111 | −33,236 | 7.0 | 61% |
| 2020 | 1,835,874 | 2,254,164 | −418,290 | 4.8 | 63% |
| 2021 | 3,501,733 | 2,157,284 | 1,344,449 | 12.5 | 58% |
| 2022 | 3,674,607 | 2,743,438 | 931,169 | 13.9 | 60% |
| 2023 | 3,924,971 | 3,840,647 | 84,324 | 10.2 | 59% |
In its most recent public year (2023), this organization brought in $84,324 more than it spent. Its reserves stood at about 10.2 months of spending, up from 2.7 in 2011. Staff pay was 59% of spending. $759,705 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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