Literacy Volunteers Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 337,137 | 334,659 | 2,478 | -3.1 | 31% |
| 2012 | 371,068 | 368,715 | 2,353 | -2.7 | 25% |
| 2013 | 366,872 | 354,938 | 11,934 | -2.4 | 23% |
| 2014 | 389,674 | 339,639 | 50,035 | -0.5 | 24% |
| 2015 | 352,330 | 358,277 | −5,947 | -0.6 | 25% |
| 2016 | 382,662 | 386,928 | −4,266 | -0.7 | 24% |
| 2017 | 363,482 | 355,315 | 8,167 | -0.5 | 19% |
| 2018 | 346,696 | 355,055 | −8,359 | -0.8 | 25% |
| 2019 | 496,390 | 472,001 | 24,389 | 0.0 | 23% |
| 2021 | 545,419 | 535,050 | 10,369 | 0.3 | 22% |
| 2022 | 523,342 | 522,425 | 917 | 0.3 | 23% |
| 2023 | 543,843 | 547,975 | −4,132 | 0.2 | 22% |
In its most recent public year (2023), this organization spent $4,132 more than it brought in. Its reserves stood at about 0.2 months of spending, up from -3.1 in 2011. Staff pay was 22% of spending. $5,000 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
Literacy Volunteers Of Massachusetts Inc'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