Sharp Literacy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 807,934 | 759,357 | 48,577 | 32.1 | 46% |
| 2012 | 927,598 | 765,430 | 162,168 | 33.6 | 52% |
| 2013 | 830,001 | 901,568 | −71,567 | 28.6 | 52% |
| 2014 | 996,226 | 869,315 | 126,911 | 32.8 | 56% |
| 2015 | 902,032 | 887,886 | 14,146 | 30.9 | 58% |
| 2016 | 917,234 | 862,078 | 55,156 | 31.8 | 66% |
| 2017 | 786,955 | 1,028,669 | −241,714 | 24.9 | 56% |
| 2018 | 1,013,286 | 1,003,303 | 9,983 | 25.9 | 58% |
| 2019 | 1,144,217 | 1,056,513 | 87,704 | 25.8 | 60% |
| 2020 | 1,097,554 | 1,058,144 | 39,410 | 26.1 | 63% |
| 2021 | 1,209,168 | 1,091,467 | 117,701 | 30.2 | 64% |
| 2022 | 1,650,018 | 1,552,306 | 97,712 | 19.6 | 59% |
| 2023 | 1,886,640 | 1,584,028 | 302,612 | 21.5 | 58% |
In its most recent public year (2023), this organization brought in $302,612 more than it spent. Its reserves stood at about 21.5 months of spending, down from 32.1 in 2011. Staff pay was 58% of spending. $962,474 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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