Reading Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 43,320 | 31,026 | 12,294 | 10.6 | — |
| 2013 | 50,853 | 47,724 | 3,129 | 7.7 | — |
| 2014 | 44,865 | 46,602 | −1,737 | 7.4 | — |
| 2015 | 52,711 | 38,567 | 14,144 | 13.4 | — |
| 2016 | 55,521 | 55,557 | −36 | 9.3 | — |
| 2017 | 41,837 | 36,681 | 5,156 | 15.8 | — |
| 2018 | 76,002 | 85,345 | −9,343 | 5.5 | — |
| 2019 | 50,013 | 53,711 | −3,698 | 7.8 | — |
| 2020 | 38,142 | 11,263 | 26,879 | 66.1 | — |
| 2021 | 9,828 | 43,206 | −33,378 | 8.0 | — |
| 2022 | 39,942 | 27,747 | 12,195 | 17.7 | — |
| 2023 | 40,935 | 50,706 | −9,771 | 7.3 | — |
In its most recent public year (2023), this organization spent $9,771 more than it brought in. Its reserves stood at about 7.3 months of spending, down from 10.6 in 2012.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works