Read2dream Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 31,940 | 30,181 | 1,759 | 0.1 | — |
| 2021 | 14,630 | 17,327 | −2,697 | -1.6 | — |
| 2022 | 7,806 | 10,356 | −2,550 | -5.6 | — |
| 2023 | 7,140 | 8,725 | −1,585 | -8.9 | — |
In its most recent public year (2023), this organization spent $1,585 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.9 months), down from 0.1 in 2020.
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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