Literacy Volunteers Of Wayne County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 245,257 | 252,227 | −6,970 | 1.2 | 37% |
| 2013 | 165,307 | 160,801 | 4,506 | 2.2 | 57% |
| 2014 | 198,324 | 194,342 | 3,982 | 2.0 | 58% |
| 2015 | 210,859 | 202,492 | 8,367 | 2.5 | 0% |
| 2016 | 202,483 | 186,789 | 15,694 | 3.7 | 53% |
| 2017 | 233,609 | 209,967 | 23,642 | 4.6 | 56% |
| 2018 | 204,563 | 177,162 | 27,401 | 7.3 | 63% |
| 2019 | 189,738 | 200,541 | −10,803 | 5.8 | 64% |
| 2020 | 204,883 | 205,759 | −876 | 5.6 | 61% |
| 2021 | 251,903 | 187,277 | 64,626 | 10.3 | 67% |
| 2022 | 347,682 | 256,647 | 91,035 | 11.8 | 64% |
| 2023 | 334,740 | 263,003 | 71,737 | 14.8 | 67% |
| 2024 | 383,395 | 312,320 | 71,075 | 15.2 | 70% |
In its most recent public year (2024), this organization brought in $71,075 more than it spent. Its reserves stood at about 15.2 months of spending, up from 1.2 in 2012. Staff pay was 70% of spending. $13,000 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 2024. 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
Literacy Volunteers Of Wayne County Inc's IRS filings as a feed — one entry per filing year, through 2024. 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