Literacy For Kids Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 111,662 | 35,197 | 76,465 | 26.1 | — |
| 2020 | 86,882 | 87,737 | −855 | 10.3 | — |
| 2021 | 215,839 | 100,314 | 115,525 | 22.9 | 59% |
| 2022 | 82,225 | 132,535 | −50,310 | 12.8 | 45% |
| 2023 | 110,690 | 159,728 | −49,038 | 6.9 | 41% |
In its most recent public year (2023), this organization spent $49,038 more than it brought in. Its reserves stood at about 6.9 months of spending, down from 26.1 in 2019. Staff pay was 41% 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 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
Literacy For Kids Inc'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