Lead To Read Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 208,330 | 127,519 | 80,811 | 13.0 | 70% |
| 2019 | 242,386 | 192,928 | 49,458 | 11.7 | 66% |
| 2020 | 453,884 | 283,084 | 170,800 | 15.2 | 64% |
| 2021 | 641,807 | 338,224 | 303,583 | 23.5 | 61% |
| 2022 | 859,884 | 563,094 | 296,790 | 20.4 | 69% |
| 2023 | 939,051 | 786,620 | 152,431 | 17.0 | 68% |
| 2024 | 913,994 | 1,119,170 | −205,176 | 9.9 | 61% |
In its most recent public year (2024), this organization spent $205,176 more than it brought in. Its reserves stood at about 9.9 months of spending, down from 13 in 2018. Staff pay was 61% of spending. $39,863 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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