Richardson Adult Literacy Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,660 | 45,604 | 3,056 | 9.6 | — |
| 2012 | 55,678 | 57,268 | −1,590 | 6.9 | — |
| 2013 | 28,494 | 36,736 | −8,242 | 8.5 | — |
| 2014 | 148,752 | 97,850 | 50,902 | 9.4 | — |
| 2015 | 172,882 | 137,991 | 34,891 | 9.7 | — |
| 2016 | 166,294 | 161,101 | 5,193 | 8.7 | — |
| 2017 | 171,227 | 162,260 | 8,967 | 9.3 | — |
| 2018 | 186,530 | 174,506 | 12,024 | 9.5 | 76% |
| 2019 | 225,011 | 184,997 | 40,014 | 11.5 | 75% |
| 2020 | 221,678 | 211,636 | 10,042 | 10.7 | 75% |
| 2021 | 212,008 | 171,406 | 40,602 | 16.0 | 0% |
| 2022 | 240,112 | 201,345 | 38,767 | 15.9 | 77% |
| 2023 | 167,781 | 215,874 | −48,093 | 12.2 | 78% |
In its most recent public year (2023), this organization spent $48,093 more than it brought in. Its reserves stood at about 12.2 months of spending, up from 9.6 in 2011. Staff pay was 78% 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
Richardson Adult Literacy Center'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