Literacy Volunteers Of Fort Bend County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 437,179 | 653,892 | −216,713 | 10.8 | 66% |
| 2021 | 659,143 | 629,792 | 29,351 | 11.7 | 57% |
| 2022 | 660,973 | 675,775 | −14,802 | 10.7 | 63% |
| 2023 | 443,607 | 608,766 | −165,159 | 8.6 | 55% |
| 2024 | 724,639 | 728,240 | −3,601 | 7.1 | 46% |
In its most recent public year (2024), this organization spent $3,601 more than it brought in. Its reserves stood at about 7.1 months of spending, down from 10.8 in 2020. Staff pay was 46% of spending. $36,645 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 2024. 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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