Literacy Unlimited Of Framingham Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 43,503 | 20,610 | 22,893 | 37.8 | — |
| 2022 | 28,008 | 27,022 | 986 | 29.3 | — |
| 2023 | 75,791 | 45,915 | 29,876 | 25.0 | — |
| 2024 | 44,245 | 48,851 | −4,606 | 22.4 | — |
In its most recent public year (2024), this organization spent $4,606 more than it brought in. Its reserves stood at about 22.4 months of spending, down from 37.8 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 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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