Literacy Volunteers Of The New River Valley
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 98,986 | 81,569 | 17,417 | 6.0 | 64% |
| 2012 | 54,854 | 73,701 | −18,847 | 3.6 | 72% |
| 2013 | 50,768 | 60,409 | −9,641 | 2.5 | 66% |
| 2014 | 77,408 | 51,703 | 25,705 | 13.0 | 0% |
| 2015 | 51,701 | 65,750 | −14,049 | 7.7 | 63% |
| 2016 | 69,321 | 87,580 | −18,259 | 3.5 | — |
| 2017 | 70,810 | 60,768 | 10,042 | 6.4 | — |
| 2018 | 60,264 | 68,763 | −8,499 | 4.0 | — |
| 2019 | 104,357 | 78,656 | 25,701 | 7.3 | — |
| 2020 | 131,111 | 92,408 | 38,703 | 9.4 | 73% |
| 2021 | 143,725 | 96,943 | 46,782 | 14.8 | 71% |
| 2022 | 192,799 | 143,534 | 49,265 | 14.1 | 67% |
| 2023 | 239,597 | 246,430 | −6,833 | 7.9 | 68% |
In its most recent public year (2023), this organization spent $6,833 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 6 in 2011. Staff pay was 68% of spending. $66,249 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
Literacy Volunteers Of The New River Valley's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works