Legacy Of Literacy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 36,285 | 40,395 | −4,110 | 2.8 | — |
| 2017 | 19,093 | 16,999 | 2,094 | 8.2 | — |
| 2018 | 29,550 | 33,255 | −3,705 | 2.9 | — |
| 2019 | 68,011 | 68,402 | −391 | 1.3 | — |
| 2020 | 14,000 | 21,044 | −7,044 | 0.3 | — |
| 2022 | 27,005 | 29,995 | −2,990 | 4.0 | — |
| 2023 | 39,362 | 40,047 | −685 | 2.8 | — |
In its most recent public year (2023), this organization spent $685 more than it brought in. Its reserves stood at about 2.8 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
Legacy Of Literacy Incorporated'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