Collegeready Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,049,839 | 630,607 | 419,232 | 134.8 | 22% |
| 2013 | 897,800 | 696,261 | 201,539 | 134.2 | 23% |
| 2014 | 1,166,821 | 789,460 | 377,361 | 132.9 | 24% |
| 2015 | 706,026 | 784,356 | −78,330 | 124.9 | 22% |
| 2016 | 981,550 | 848,220 | 133,330 | 119.7 | 28% |
| 2017 | 603,585 | 883,973 | −280,388 | 118.3 | 31% |
| 2018 | 887,560 | 930,470 | −42,910 | 113.2 | 32% |
| 2019 | 859,341 | 958,275 | −98,934 | 104.1 | 32% |
| 2020 | 828,790 | 935,014 | −106,224 | 113.6 | 36% |
| 2021 | 1,007,976 | 962,010 | 45,966 | 124.6 | 38% |
| 2022 | 1,090,885 | 929,766 | 161,119 | 107.9 | 39% |
| 2023 | 607,550 | 968,100 | −360,550 | 105.8 | 40% |
In its most recent public year (2023), this organization spent $360,550 more than it brought in. Its reserves stood at about 105.8 months of spending, down from 134.8 in 2012. Staff pay was 40% of spending. $3,851,853 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
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