Project Read Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 86,260 | 37,187 | 49,073 | 21.6 | — |
| 2022 | 71,728 | 50,650 | 21,078 | 20.8 | — |
| 2023 | 61,558 | 63,498 | −1,940 | 16.3 | — |
In its most recent public year (2023), this organization spent $1,940 more than it brought in. Its reserves stood at about 16.3 months of spending, down from 21.6 in 2021.
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
Project Read Inc'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