Literacy Empowerment Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 70,087 | 909 | 69,178 | 940.7 | 0% |
| 2011 | −5,771 | 1,162 | −6,933 | 664.3 | 0% |
| 2012 | −52,757 | 1,578 | −54,335 | 76.0 | 0% |
| 2013 | −11,996 | 1,873 | −13,869 | -24.8 | 0% |
| 2014 | −16,145 | 4,942 | −21,087 | -60.6 | 0% |
| 2015 | 165 | 5,063 | −4,898 | -70.8 | 0% |
| 2016 | −30,577 | 5,952 | −36,529 | -133.9 | 0% |
| 2017 | −85,106 | 6,329 | −91,435 | -299.2 | 0% |
| 2018 | −40,424 | 5,630 | −46,054 | -434.6 | 0% |
| 2019 | 8,587 | 2,717 | 5,870 | -874.5 | 0% |
| 2020 | −13,067 | 3,824 | −16,891 | -674.4 | 0% |
| 2021 | 32,269 | 34,562 | −2,293 | -75.4 | 0% |
| 2022 | −24,124 | 21,721 | −45,845 | -145.3 | 0% |
| 2023 | 14,701 | 12,018 | 2,683 | -260.0 | 0% |
In its most recent public year (2023), this organization brought in $2,683 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-260 months), down from 940.7 in 2010. Staff pay was 0% 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
Literacy Empowerment Foundation'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