The Family Literacy Academy At Lake Wales Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 240,325 | 203,084 | 37,241 | 8.6 | 77% |
| 2016 | 195,112 | 189,511 | 5,601 | 9.5 | — |
| 2017 | 159,760 | 194,953 | −35,193 | 7.1 | — |
| 2018 | 173,216 | 170,490 | 2,726 | 8.3 | — |
| 2019 | 168,804 | 176,693 | −7,889 | 7.5 | — |
| 2020 | 169,771 | 181,806 | −12,035 | 6.5 | — |
| 2021 | 119,297 | 157,023 | −37,726 | 4.6 | — |
| 2022 | 178,457 | 164,276 | 14,181 | 5.5 | — |
| 2023 | 191,892 | 171,312 | 20,580 | 9.6 | — |
| 2024 | 217,470 | 188,906 | 28,564 | 10.7 | 75% |
In its most recent public year (2024), this organization brought in $28,564 more than it spent. Its reserves stood at about 10.7 months of spending, up from 8.6 in 2015. Staff pay was 75% 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 2024. 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