Reading And Education For Adult Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 167,390 | 236,680 | −69,290 | 15.6 | — |
| 2012 | 294,620 | 231,095 | 63,525 | 19.3 | 63% |
| 2013 | 240,234 | 243,065 | −2,831 | 18.1 | 68% |
| 2014 | 322,406 | 227,658 | 94,748 | 24.1 | 68% |
| 2015 | 211,498 | 262,956 | −51,458 | 18.5 | 70% |
| 2016 | 337,119 | 266,570 | 70,549 | 21.4 | 63% |
| 2017 | 463,508 | 357,009 | 106,499 | 19.6 | 44% |
| 2018 | 585,153 | 409,350 | 175,803 | 22.2 | 77% |
| 2019 | 532,890 | 444,440 | 88,450 | 22.8 | 78% |
| 2020 | 944,309 | 460,166 | 484,143 | 34.7 | 79% |
| 2021 | 732,503 | 511,643 | 220,860 | 41.2 | 82% |
| 2022 | 504,480 | 582,036 | −77,556 | 31.1 | 69% |
| 2023 | 636,997 | 659,530 | −22,533 | 29.1 | 68% |
| 2024 | 835,745 | 730,636 | 105,109 | 30.1 | 69% |
In its most recent public year (2024), this organization brought in $105,109 more than it spent. Its reserves stood at about 30.1 months of spending, up from 15.6 in 2011. Staff pay was 69% of spending. $354,620 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 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
Reading And Education For Adult Development Inc's IRS filings as a feed — one entry per filing year, through 2024. 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