everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Family Literacy Center

Lapeer, MI / EIN 38-2642247 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011317,334273,69143,64310.368%
2012205,561210,951−5,39013.066%
2013203,903188,45715,44615.669%
2014190,264173,48816,77618.164%
2015167,547163,1744,37319.566%
2016181,678173,8527,82618.9
2017180,438186,831−6,39317.2
2018370,546230,477140,06921.264%
2019239,739258,117−18,37818.174%
2020372,336299,94272,39418.577%
2021372,493333,64438,84918.072%
2022418,192407,45210,74012.974%
2023477,071428,99748,07413.674%

In its most recent public year (2023), this organization brought in $48,074 more than it spent. Its reserves stood at about 13.6 months of spending, up from 10.3 in 2011. Staff pay was 74% 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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