Literacy Is A Family Experience Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 5,373 | 2,706 | 2,667 | 11.8 | — |
| 2016 | 14,507 | 6,902 | 7,605 | 39.1 | — |
| 2017 | 13,005 | 12,549 | 456 | 21.9 | — |
| 2018 | 22,268 | 14,648 | 7,620 | 25.0 | — |
| 2019 | 19,092 | 26,434 | −7,342 | 10.5 | — |
| 2020 | 22,075 | 12,899 | 9,176 | 30.1 | — |
| 2021 | 21,753 | 19,048 | 2,705 | 22.1 | — |
| 2022 | 19,237 | 15,216 | 4,021 | 30.8 | — |
| 2023 | 20,677 | 26,298 | −5,621 | 15.2 | — |
In its most recent public year (2023), this organization spent $5,621 more than it brought in. Its reserves stood at about 15.2 months of spending, up from 11.8 in 2014.
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 Is A Family Experience 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