Literacy Action Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 124,514 | 130,209 | −5,695 | 1.3 | 0% |
| 2014 | 184,257 | 132,875 | 51,382 | 5.9 | 0% |
| 2015 | 179,262 | 193,020 | −13,758 | 3.2 | 0% |
| 2016 | 195,429 | 191,035 | 4,394 | 3.5 | 0% |
| 2017 | 176,918 | 162,434 | 14,484 | 5.2 | 0% |
| 2018 | 169,646 | 181,240 | −11,594 | 3.9 | 0% |
| 2019 | 169,555 | 173,926 | −4,371 | 3.8 | 0% |
| 2020 | 178,802 | 172,597 | 6,205 | 4.3 | 0% |
| 2021 | 301,701 | 292,883 | 8,818 | 2.9 | 0% |
| 2022 | 175,283 | 180,915 | −5,632 | 4.3 | 0% |
| 2023 | 187,922 | 172,190 | 15,732 | 5.6 | 0% |
In its most recent public year (2023), this organization brought in $15,732 more than it spent. Its reserves stood at about 5.6 months of spending, up from 1.3 in 2013. 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
Literacy Action Network'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