Kids Read Now
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 152,556 | 140,185 | 12,371 | 1.1 | — |
| 2013 | 89,980 | 148,873 | −58,893 | 52.5 | 0% |
| 2014 | 143,047 | 294,376 | −151,329 | 23.2 | 8% |
| 2015 | 162,938 | 332,169 | −169,231 | 13.4 | 45% |
| 2016 | 326,923 | 563,509 | −236,586 | 2.9 | 36% |
| 2017 | 603,807 | 1,241,688 | −637,881 | -4.9 | 30% |
| 2018 | 2,184,831 | 3,157,579 | −972,748 | -5.6 | 17% |
| 2019 | 2,568,787 | 3,330,325 | −761,538 | -8.1 | 26% |
| 2020 | 3,030,703 | 3,602,836 | −572,133 | -9.4 | 28% |
| 2021 | 4,930,805 | 4,549,552 | 381,253 | -6.4 | 21% |
| 2022 | 4,731,421 | 4,769,905 | −38,484 | -6.2 | 25% |
| 2023 | 5,593,813 | 5,579,301 | 14,512 | -5.3 | 24% |
In its most recent public year (2023), this organization brought in $14,512 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.3 months), down from 1.1 in 2012. Staff pay was 24% 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
Kids Read Now'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