Language & Literacy Academy For Learning
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,019,750 | 3,183,765 | −164,015 | -0.6 | 36% |
| 2020 | 3,524,835 | 4,017,454 | −492,619 | -2.0 | 63% |
| 2021 | 4,583,934 | 4,522,442 | 61,492 | -1.6 | 43% |
| 2022 | 4,189,902 | 4,331,519 | −141,617 | -2.1 | 49% |
| 2023 | 5,617,528 | 5,731,398 | −113,870 | -1.8 | 35% |
In its most recent public year (2023), this organization spent $113,870 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.8 months), down from -0.6 in 2019. Staff pay was 35% of spending. $401,640 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
Language & Literacy Academy For Learning'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