Literacy Is Fun For Everyone Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,148 | 40,606 | 9,542 | 22.6 | — |
| 2021 | 52,881 | 42,037 | 10,844 | 24.9 | — |
| 2022 | 26,839 | 40,201 | −13,362 | 21.2 | — |
| 2023 | 30,966 | 38,055 | −7,089 | 20.8 | — |
In its most recent public year (2023), this organization spent $7,089 more than it brought in. Its reserves stood at about 20.8 months of spending, down from 22.6 in 2020.
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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