Kids Need To Read
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 299,060 | 250,367 | 48,693 | 15.1 | 28% |
| 2012 | 54,089 | 39,395 | 14,694 | 100.8 | 51% |
| 2013 | 270,782 | 367,856 | −97,074 | 20.4 | 22% |
| 2014 | 244,662 | 340,112 | −95,450 | 18.7 | 20% |
| 2015 | 423,071 | 343,196 | 79,875 | 21.3 | 22% |
| 2016 | 491,755 | 419,462 | 72,293 | 19.5 | 19% |
| 2017 | 1,788,279 | 824,176 | 964,103 | 23.9 | 13% |
| 2018 | 1,098,739 | 762,792 | 335,947 | 31.2 | 7% |
| 2019 | 1,860,535 | 821,780 | 1,038,755 | 44.1 | 6% |
| 2020 | 808,741 | 1,063,379 | −254,638 | 31.2 | 5% |
| 2021 | 1,114,515 | 1,336,028 | −221,513 | 22.9 | 7% |
| 2022 | 608,794 | 1,369,531 | −760,737 | 15.6 | 5% |
| 2023 | 1,209,970 | 1,280,310 | −70,340 | 16.0 | 6% |
In its most recent public year (2023), this organization spent $70,340 more than it brought in. Its reserves stood at about 16 months of spending. Staff pay was 6% of spending. $34,370 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
Kids Need To Read'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