Reach Out And Read Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 120,116 | 33,832 | 86,284 | 30.6 | — |
| 2017 | 27,862 | 77,844 | −49,982 | 5.7 | — |
| 2018 | 204,399 | 172,445 | 31,954 | 4.8 | 9% |
| 2019 | 266,806 | 179,771 | 87,035 | 10.4 | 37% |
| 2020 | 315,974 | 263,454 | 52,520 | 9.5 | 29% |
| 2021 | 253,387 | 237,887 | 15,500 | 11.3 | 35% |
| 2022 | 327,314 | 310,887 | 16,427 | 9.3 | 46% |
| 2023 | 358,270 | 394,962 | −36,692 | 6.2 | 52% |
In its most recent public year (2023), this organization spent $36,692 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 30.6 in 2016. Staff pay was 52% of spending. $19,689 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
Reach Out And Read Minnesota'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