Triangle Literacy Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 410,792 | 416,470 | −5,678 | 4.5 | 67% |
| 2013 | 421,202 | 460,834 | −39,632 | 3.0 | 70% |
| 2014 | 372,110 | 378,193 | −6,083 | 3.5 | 66% |
| 2015 | 430,881 | 435,705 | −4,824 | 2.9 | 62% |
| 2016 | 487,286 | 533,447 | −46,161 | 1.3 | 62% |
| 2017 | 2,024,468 | 1,211,076 | 813,392 | 8.6 | 71% |
| 2018 | 1,411,550 | 1,592,602 | −181,052 | 5.2 | 71% |
| 2019 | 1,846,635 | 1,312,989 | 533,646 | 10.4 | 67% |
| 2020 | 355,027 | 771,905 | −416,878 | 11.3 | 69% |
| 2021 | 672,329 | 756,802 | −84,473 | 10.2 | 60% |
| 2022 | 375,571 | 769,856 | −394,285 | 3.9 | 60% |
| 2023 | 672,236 | 671,944 | 292 | 4.4 | 60% |
In its most recent public year (2023), this organization brought in $292 more than it spent. Its reserves stood at about 4.4 months of spending. Staff pay was 60% of spending. $33,509 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
Triangle Literacy Council Inc'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