Cherokee County Literacy Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 35,354 | 34,335 | 1,019 | 6.4 | — |
| 2013 | 41,395 | 36,190 | 5,205 | 7.8 | — |
| 2014 | 35,230 | 37,483 | −2,253 | 6.8 | — |
| 2015 | 38,816 | 36,794 | 2,022 | 7.6 | — |
| 2016 | 31,975 | 37,313 | −5,338 | 5.7 | — |
| 2017 | 37,190 | 1,397 | 35,793 | 167.5 | — |
| 2018 | 35,214 | 37,189 | −1,975 | 5.7 | — |
| 2019 | 33,663 | 37,584 | −3,921 | 4.3 | — |
| 2020 | 31,985 | 35,958 | −3,973 | 3.2 | — |
| 2021 | 23,603 | 29,910 | −6,307 | 1.3 | — |
| 2022 | 24,071 | 26,394 | −2,323 | 0.5 | — |
| 2023 | 29,879 | 26,058 | 3,821 | 2.2 | — |
| 2024 | 22,989 | 27,461 | −4,472 | 0.2 | — |
In its most recent public year (2024), this organization spent $4,472 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 6.4 in 2012.
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
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