Technologically Literate Africa Limited
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 144,530 | 47,739 | 96,791 | 40.8 | — |
| 2022 | 252,142 | 110,521 | 141,621 | 33.0 | 24% |
| 2023 | 615,051 | 256,690 | 358,361 | 30.9 | 57% |
In its most recent public year (2023), this organization brought in $358,361 more than it spent. Its reserves stood at about 30.9 months of spending, down from 40.8 in 2021. Staff pay was 57% of spending. $363,426 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
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