Reading Team Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 533,237 | 475,111 | 58,126 | 10.7 | 36% |
| 2012 | 543,784 | 633,675 | −89,891 | 6.5 | 38% |
| 2013 | 783,404 | 869,123 | −85,719 | 3.6 | 50% |
| 2014 | 795,583 | 826,567 | −30,984 | 3.3 | 48% |
| 2015 | 816,825 | 830,859 | −14,034 | 2.0 | 48% |
| 2016 | 956,659 | 864,493 | 92,166 | 3.1 | 48% |
| 2017 | 1,035,692 | 947,697 | 87,995 | 4.0 | 55% |
| 2018 | 843,515 | 1,000,390 | −156,875 | 1.9 | 53% |
| 2019 | 886,137 | 694,623 | 191,514 | 6.0 | 47% |
| 2020 | 794,160 | 754,927 | 39,233 | 6.2 | 54% |
| 2021 | 810,698 | 707,220 | 103,478 | 8.3 | 49% |
| 2022 | 741,393 | 780,511 | −39,118 | 7.0 | 52% |
| 2023 | 1,116,899 | 860,244 | 256,655 | 9.8 | 40% |
In its most recent public year (2023), this organization brought in $256,655 more than it spent. Its reserves stood at about 9.8 months of spending. Staff pay was 40% 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
Reading Team Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works