Friends Of Literacy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 172,141 | 160,877 | 11,264 | 9.5 | 74% |
| 2012 | 198,338 | 174,512 | 23,826 | 10.4 | 76% |
| 2013 | 210,078 | 202,703 | 7,375 | 9.4 | 68% |
| 2014 | 244,538 | 249,352 | −4,814 | 7.4 | 22% |
| 2015 | 217,548 | 245,268 | −27,720 | 6.2 | 23% |
| 2016 | 286,139 | 274,218 | 11,921 | 6.0 | 71% |
| 2017 | 272,312 | 295,677 | −23,365 | 4.7 | 71% |
| 2018 | 331,782 | 342,584 | −10,802 | 3.6 | 57% |
| 2019 | 73,311 | 129,249 | −55,938 | 7.0 | 79% |
| 2020 | 297,425 | 251,526 | 45,899 | 5.8 | 63% |
| 2021 | 263,825 | 216,168 | 47,657 | 9.4 | 61% |
| 2022 | 240,504 | 249,248 | −8,744 | 7.6 | 58% |
| 2023 | 293,401 | 264,132 | 29,269 | 8.3 | 58% |
In its most recent public year (2023), this organization brought in $29,269 more than it spent. Its reserves stood at about 8.3 months of spending, down from 9.5 in 2011. Staff pay was 58% of spending. $41,805 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
Friends Of Literacy 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