Titusville Regional Literacy Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 121,983 | 56,148 | 65,835 | 14.1 | — |
| 2016 | 147,700 | 153,332 | −5,632 | 4.7 | — |
| 2017 | 148,780 | 162,355 | −13,575 | 3.4 | — |
| 2018 | 190,365 | 202,565 | −12,200 | 2.0 | — |
| 2019 | 192,712 | 192,676 | 36 | 2.1 | — |
| 2020 | 149,114 | 175,842 | −26,728 | 0.5 | — |
| 2021 | 280,344 | 206,983 | 73,361 | 4.7 | 68% |
| 2022 | 155,402 | 228,715 | −73,313 | 0.4 | — |
| 2023 | 350,618 | 283,773 | 66,845 | 3.2 | 77% |
In its most recent public year (2023), this organization brought in $66,845 more than it spent. Its reserves stood at about 3.2 months of spending, down from 14.1 in 2015. Staff pay was 77% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works