Read To Me Stockton
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 88,182 | 76,194 | 11,988 | 4.1 | — |
| 2017 | 147,344 | 101,324 | 46,020 | 8.5 | — |
| 2018 | 136,594 | 142,704 | −6,110 | 5.5 | — |
| 2019 | 190,519 | 192,301 | −1,782 | 4.0 | — |
| 2020 | 191,075 | 206,612 | −15,537 | 2.8 | — |
| 2021 | 305,356 | 154,984 | 150,372 | 15.4 | 0% |
| 2022 | 127,960 | 92,729 | 35,231 | 30.3 | — |
| 2023 | 109,894 | 65,284 | 44,610 | 51.2 | — |
In its most recent public year (2023), this organization brought in $44,610 more than it spent. Its reserves stood at about 51.2 months of spending, up from 4.1 in 2016.
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
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