Adult Literacy League Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 502,501 | 441,652 | 60,849 | 6.1 | 58% |
| 2021 | 599,438 | 381,815 | 217,623 | 13.9 | 63% |
| 2022 | 670,651 | 441,579 | 229,072 | 18.2 | 67% |
| 2023 | 582,921 | 538,914 | 44,007 | 15.9 | 65% |
In its most recent public year (2023), this organization brought in $44,007 more than it spent. Its reserves stood at about 15.9 months of spending, up from 6.1 in 2020. Staff pay was 65% of spending. $387,232 of its net assets are donor-restricted.
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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