Reading Assist Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 873,217 | 907,906 | −34,689 | 7.1 | 41% |
| 2012 | 898,821 | 954,528 | −55,707 | 6.0 | 43% |
| 2013 | 798,983 | 829,585 | −30,602 | 6.7 | 51% |
| 2014 | 830,654 | 816,205 | 14,449 | 7.4 | 50% |
| 2015 | 863,142 | 917,511 | −54,369 | 5.3 | 39% |
| 2016 | 1,263,166 | 1,028,529 | 234,637 | 7.2 | 50% |
| 2017 | 1,122,611 | 1,105,201 | 17,410 | 7.1 | 57% |
| 2018 | 1,059,608 | 1,022,718 | 36,890 | 8.2 | 57% |
| 2019 | 1,238,631 | 1,255,736 | −17,105 | 6.6 | 53% |
| 2020 | 1,509,283 | 1,127,482 | 381,801 | 11.5 | 65% |
| 2021 | 1,635,768 | 1,408,383 | 227,385 | 11.8 | 66% |
| 2022 | 5,126,330 | 2,991,559 | 2,134,771 | 13.6 | 70% |
| 2023 | 3,444,753 | 3,128,966 | 315,787 | 15.3 | 70% |
In its most recent public year (2023), this organization brought in $315,787 more than it spent. Its reserves stood at about 15.3 months of spending, up from 7.1 in 2011. Staff pay was 70% of spending. $990,000 of its net assets are donor-restricted.
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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