The Russell Life Skills And Reading Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 565,587 | 423,679 | 141,908 | 7.5 | 17% |
| 2011 | 600,259 | 490,476 | 109,783 | 9.3 | 16% |
| 2012 | 465,478 | 509,334 | −43,856 | 8.0 | 16% |
| 2013 | 475,487 | 470,403 | 5,084 | 8.8 | 15% |
| 2014 | 400,181 | 497,850 | −97,669 | 6.0 | 14% |
| 2015 | 430,498 | 460,990 | −30,492 | 5.7 | 34% |
| 2016 | 461,362 | 427,276 | 34,086 | 7.4 | 49% |
| 2017 | 470,761 | 456,986 | 13,775 | 7.3 | 53% |
| 2018 | 558,074 | 578,820 | −20,746 | 5.3 | 54% |
| 2019 | 560,074 | 625,174 | −65,100 | 3.7 | 43% |
| 2020 | 441,788 | 503,832 | −62,044 | 3.1 | 49% |
| 2021 | 480,943 | 353,937 | 127,006 | 8.7 | 55% |
| 2022 | 465,446 | 399,343 | 66,103 | 9.7 | 59% |
| 2023 | 457,022 | 446,591 | 10,431 | 9.0 | 63% |
In its most recent public year (2023), this organization brought in $10,431 more than it spent. Its reserves stood at about 9 months of spending, up from 7.5 in 2010. Staff pay was 63% 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
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