Reading Connections Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,051 | 63,194 | −3,143 | 0.4 | — |
| 2012 | 42,619 | 39,396 | 3,223 | 1.6 | — |
| 2013 | 52,751 | 48,696 | 4,055 | 2.3 | — |
| 2014 | 53,252 | 57,954 | −4,702 | 0.9 | — |
| 2015 | 88,679 | 74,698 | 13,981 | 3.0 | — |
| 2018 | 63,790 | 71,271 | −7,481 | -0.2 | — |
| 2019 | 86,705 | 87,672 | −967 | -0.3 | — |
| 2020 | 68,848 | 86,322 | −17,474 | 4.8 | — |
| 2021 | 123,486 | 111,223 | 12,263 | 5.0 | — |
| 2022 | 99,427 | 136,895 | −37,468 | 0.8 | — |
| 2023 | 86,010 | 90,360 | −4,350 | 0.7 | — |
In its most recent public year (2023), this organization spent $4,350 more than it brought in. Its reserves stood at about 0.7 months 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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