Get Lit Words Ignite Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 292,455 | 332,968 | −40,513 | 0.9 | 9% |
| 2013 | 386,172 | 355,102 | 31,070 | 1.9 | 33% |
| 2014 | 492,447 | 379,924 | 112,523 | 5.4 | 24% |
| 2015 | 596,710 | 554,496 | 42,214 | 4.6 | 40% |
| 2016 | 835,099 | 713,975 | 121,124 | 5.6 | 42% |
| 2017 | 929,954 | 877,056 | 52,898 | 5.3 | 44% |
| 2018 | 1,131,584 | 1,103,160 | 28,424 | 4.5 | 40% |
| 2019 | 1,206,905 | 1,228,942 | −22,037 | 3.8 | 41% |
| 2020 | 1,261,377 | 1,223,334 | 38,043 | 4.2 | 51% |
| 2021 | 2,004,144 | 1,390,965 | 613,179 | 8.9 | 55% |
| 2022 | 2,322,954 | 2,153,641 | 169,313 | 6.7 | 48% |
| 2023 | 3,748,086 | 2,730,854 | 1,017,232 | 9.7 | 51% |
In its most recent public year (2023), this organization brought in $1,017,232 more than it spent. Its reserves stood at about 9.7 months of spending, up from 0.9 in 2012. Staff pay was 51% of spending. $1,563,233 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
Get Lit Words Ignite 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