Fayette Literacy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,802 | 61,216 | 2,586 | 7.7 | — |
| 2012 | 78,736 | 67,344 | 11,392 | 9.0 | — |
| 2013 | 62,472 | 53,027 | 9,445 | 13.6 | — |
| 2014 | 45,412 | 53,507 | −8,095 | 11.6 | — |
| 2015 | 51,108 | 56,952 | −5,844 | 9.7 | — |
| 2016 | 38,235 | 52,064 | −13,829 | 7.4 | — |
| 2018 | 47,711 | 52,623 | −4,912 | 3.3 | — |
| 2019 | 44,693 | 51,229 | −6,536 | 1.9 | — |
| 2020 | 47,964 | 43,045 | 4,919 | 3.6 | — |
| 2021 | 40,880 | 35,389 | 5,491 | 6.2 | — |
| 2022 | 61,420 | 46,869 | 14,551 | 8.4 | — |
| 2023 | 30,860 | 37,426 | −6,566 | 8.4 | — |
In its most recent public year (2023), this organization spent $6,566 more than it brought in. Its reserves stood at about 8.4 months of spending.
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
Fayette Literacy'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