Young Black & Lit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 34,487 | 4,561 | 29,926 | 78.7 | — |
| 2021 | 390,708 | 129,813 | 260,895 | 27.6 | 0% |
| 2022 | 418,471 | 102,627 | 315,844 | 22.2 | 0% |
| 2023 | 151,115 | 222,065 | −70,950 | 29.9 | 0% |
| 2024 | 286,690 | 240,723 | 45,967 | 37.8 | 0% |
In its most recent public year (2024), this organization brought in $45,967 more than it spent. Its reserves stood at about 37.8 months of spending, down from 78.7 in 2020. Staff pay was 0% of spending.
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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