Reader To Reader Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 453,864 | 423,780 | 30,084 | 11.3 | 57% |
| 2020 | 421,965 | 397,294 | 24,671 | 12.8 | 63% |
| 2021 | 379,323 | 240,439 | 138,884 | 28.1 | 66% |
| 2022 | 273,971 | 263,759 | 10,212 | 26.1 | 65% |
| 2023 | 213,490 | 287,193 | −73,703 | 20.9 | 66% |
In its most recent public year (2023), this organization spent $73,703 more than it brought in. Its reserves stood at about 20.9 months of spending, up from 11.3 in 2019. Staff pay was 66% 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
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