Washtenaw Literacy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 514,868 | 491,438 | 23,430 | 3.7 | 52% |
| 2013 | 399,667 | 428,950 | −29,283 | 3.7 | 62% |
| 2014 | 381,950 | 408,357 | −26,407 | 3.0 | 61% |
| 2015 | 368,104 | 326,475 | 41,629 | 5.3 | 56% |
| 2016 | 413,374 | 364,268 | 49,106 | 6.4 | 59% |
| 2017 | 383,478 | 426,857 | −43,379 | 4.4 | 59% |
| 2018 | 393,695 | 391,971 | 1,724 | 4.7 | 61% |
| 2019 | 416,756 | 418,738 | −1,982 | 4.5 | 60% |
| 2020 | 517,061 | 451,950 | 65,111 | 5.9 | 62% |
| 2021 | 449,343 | 386,344 | 62,999 | 10.1 | 64% |
| 2022 | 435,191 | 442,265 | −7,074 | 11.5 | 63% |
| 2023 | 396,599 | 439,911 | −43,312 | 10.9 | 58% |
In its most recent public year (2023), this organization spent $43,312 more than it brought in. Its reserves stood at about 10.9 months of spending, up from 3.7 in 2012. Staff pay was 58% of spending. $132,577 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
Washtenaw Literacy'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