Frankford Valley Foundation For Literacy Ii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 0 | 15,260 | −15,260 | -12.0 | 0% |
| 2013 | 0 | 52,128 | −52,128 | -15.5 | 0% |
| 2014 | 1,690,074 | 1,689,489 | 585 | -0.5 | 0% |
| 2015 | 2,534,217 | 2,670,593 | −136,376 | -0.9 | 0% |
| 2016 | 2,731,552 | 2,977,154 | −245,602 | -1.8 | 0% |
| 2017 | 2,883,753 | 3,037,201 | −153,448 | 0.9 | 0% |
| 2018 | 2,841,086 | 3,031,734 | −190,648 | 0.1 | 0% |
| 2019 | 2,814,041 | 2,989,508 | −175,467 | -0.6 | 0% |
| 2020 | 2,896,129 | 2,933,717 | −37,588 | -0.7 | 0% |
| 2021 | 3,408,585 | 2,974,723 | 433,862 | 1.0 | 0% |
| 2022 | 2,865,758 | 2,926,105 | −60,347 | 0.8 | 0% |
| 2023 | 2,903,313 | 3,426,883 | −523,570 | -1.2 | 0% |
In its most recent public year (2023), this organization spent $523,570 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), up from -12 in 2012. Staff pay was 0% 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
Frankford Valley Foundation For Literacy Ii'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