Virginia State Reading Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 352,030 | 295,196 | 56,834 | 16.8 | 0% |
| 2013 | 284,984 | 258,155 | 26,829 | 20.5 | 0% |
| 2014 | 255,492 | 261,811 | −6,319 | 19.9 | 0% |
| 2015 | 374,240 | 367,831 | 6,409 | 14.1 | 0% |
| 2016 | 457,317 | 418,782 | 38,535 | 13.5 | 0% |
| 2017 | 436,016 | 390,362 | 45,654 | 15.9 | 0% |
| 2019 | 547,275 | 607,121 | −59,846 | 10.3 | 0% |
| 2020 | 173,079 | 261,189 | −88,110 | 19.8 | 0% |
| 2021 | 173,083 | 222,672 | −49,589 | 20.6 | 0% |
| 2022 | 301,362 | 338,764 | −37,402 | 12.0 | 0% |
| 2023 | 378,971 | 319,001 | 59,970 | 15.0 | 0% |
In its most recent public year (2023), this organization brought in $59,970 more than it spent. Its reserves stood at about 15 months of spending, down from 16.8 in 2012. 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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