Foundation For The Future Of Literature And Literacy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 838,587 | 864,719 | −26,132 | 3.7 | 39% |
| 2021 | 860,633 | 705,005 | 155,628 | 7.1 | 50% |
| 2022 | 891,473 | 1,179,682 | −288,209 | 1.3 | 36% |
| 2023 | 871,266 | 913,504 | −42,238 | 1.2 | 30% |
In its most recent public year (2023), this organization spent $42,238 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 3.7 in 2020. Staff pay was 30% 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