Hermas Readers Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 163,603 | 158,070 | 5,533 | 13.8 | 0% |
| 2012 | 159,933 | 237,117 | −77,184 | 5.3 | 0% |
| 2013 | 240,833 | 197,031 | 43,802 | 9.6 | 0% |
| 2014 | 225,026 | 261,347 | −36,321 | 5.6 | 0% |
| 2015 | 46,158 | 120,777 | −74,619 | 4.7 | 0% |
| 2016 | 304,484 | 181,315 | 123,169 | 11.3 | 0% |
| 2017 | 191,361 | 217,237 | −25,876 | 8.0 | 0% |
| 2018 | 168,808 | 231,235 | −62,427 | 4.2 | 0% |
| 2019 | 107,051 | 112,335 | −5,284 | 8.2 | 0% |
| 2020 | 0 | 15,000 | −15,000 | 49.2 | 0% |
| 2021 | 74,554 | 55,059 | 19,495 | 17.7 | 0% |
| 2022 | 24,500 | 40,000 | −15,500 | 19.7 | 0% |
| 2023 | 34,427 | 61,890 | −27,463 | 3.9 | 0% |
In its most recent public year (2023), this organization spent $27,463 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 13.8 in 2011. 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
Hermas Readers Llc'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