The Palm Beach County Literacy Coalition Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,216,426 | 4,018,229 | 2,198,197 | 12.5 | 43% |
| 2012 | 4,163,099 | 3,901,945 | 261,154 | 13.7 | 44% |
| 2013 | 5,111,639 | 4,256,729 | 854,910 | 14.7 | 41% |
| 2014 | 4,710,773 | 4,576,259 | 134,514 | 13.7 | 40% |
| 2015 | 4,788,009 | 4,874,567 | −86,558 | 12.6 | 38% |
| 2016 | 5,626,481 | 5,080,491 | 545,990 | 13.4 | 38% |
| 2017 | 4,698,818 | 4,764,772 | −65,954 | 14.1 | 38% |
| 2018 | 4,737,147 | 5,315,303 | −578,156 | 11.4 | 32% |
| 2019 | 5,470,455 | 5,317,437 | 153,018 | 11.7 | 33% |
| 2020 | 5,728,833 | 5,651,909 | 76,924 | 11.2 | 33% |
| 2021 | 6,810,996 | 7,264,084 | −453,088 | 7.9 | 26% |
| 2022 | 4,385,458 | 4,237,501 | 147,957 | 14.0 | 41% |
| 2023 | 3,833,818 | 3,613,412 | 220,406 | 17.2 | 53% |
In its most recent public year (2023), this organization brought in $220,406 more than it spent. Its reserves stood at about 17.2 months of spending, up from 12.5 in 2011. Staff pay was 53% of spending. $637,470 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
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