Iowa Reading Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 21,461 | 33,674 | −12,213 | 7.8 | 0% |
| 2021 | 62,006 | 33,117 | 28,889 | 18.4 | 0% |
| 2022 | 984 | 32,104 | −31,120 | 7.4 | 0% |
| 2023 | 25,802 | 27,787 | −1,985 | 7.7 | 0% |
In its most recent public year (2023), this organization spent $1,985 more than it brought in. Its reserves stood at about 7.7 months of spending. 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
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