Literacy Council Of Grand Island Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 95,293 | 50,724 | 44,569 | 12.3 | — |
| 2015 | 103,254 | 55,711 | 47,543 | 21.4 | — |
| 2016 | 115,421 | 67,354 | 48,067 | 26.3 | — |
| 2017 | 150,752 | 129,921 | 20,831 | 15.6 | — |
| 2018 | 296,998 | 152,658 | 144,340 | 24.6 | 74% |
| 2019 | 321,718 | 196,974 | 124,744 | 26.7 | 70% |
| 2020 | 306,075 | 218,343 | 87,732 | 28.9 | 72% |
| 2021 | 140,098 | 180,431 | −40,333 | 32.2 | 71% |
| 2022 | 117,680 | 229,269 | −111,589 | 19.5 | 66% |
| 2023 | 123,247 | 271,793 | −148,546 | 10.5 | 51% |
In its most recent public year (2023), this organization spent $148,546 more than it brought in. Its reserves stood at about 10.5 months of spending, down from 12.3 in 2014. Staff pay was 51% of spending. $3,670 of its net assets are donor-restricted.
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
Literacy Council Of Grand Island 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