Appalachian Reading Ctr Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 239,180 | 236,057 | 3,123 | 3.4 | 63% |
| 2021 | 349,506 | 266,583 | 82,923 | 6.8 | 64% |
| 2022 | 364,414 | 276,554 | 87,860 | 10.3 | 70% |
| 2023 | 284,673 | 306,624 | −21,951 | 8.5 | 67% |
In its most recent public year (2023), this organization spent $21,951 more than it brought in. Its reserves stood at about 8.5 months of spending, up from 3.4 in 2020. Staff pay was 67% 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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