Reading Engineering Teams Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 40,865 | 24,772 | 16,093 | 7.8 | — |
| 2016 | 59,923 | 69,557 | −9,634 | 1.2 | — |
| 2017 | 40,801 | 20,100 | 20,701 | 16.4 | — |
| 2018 | 28,490 | 17,106 | 11,384 | 27.3 | — |
| 2019 | 28,531 | 22,795 | 5,736 | 23.6 | — |
| 2020 | 15,790 | 14,722 | 1,068 | 37.5 | — |
| 2021 | 9,952 | 5,762 | 4,190 | 104.4 | — |
| 2022 | 7,099 | 12,354 | −5,255 | 43.6 | — |
| 2023 | 24,043 | 12,707 | 11,336 | 53.1 | — |
In its most recent public year (2023), this organization brought in $11,336 more than it spent. Its reserves stood at about 53.1 months of spending, up from 7.8 in 2015.
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
Reading Engineering Teams Inc'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