Literacy Cooperative Of Greater Cleveland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,463,122 | 1,361,216 | 101,906 | 5.6 | 21% |
| 2012 | 1,557,505 | 1,472,588 | 84,917 | 5.9 | 22% |
| 2013 | 1,294,653 | 1,251,195 | 43,458 | 7.4 | 23% |
| 2014 | 963,964 | 1,111,157 | −147,193 | 6.7 | 25% |
| 2015 | 1,022,080 | 1,043,737 | −21,657 | 6.9 | 25% |
| 2016 | 838,989 | 867,244 | −28,255 | 7.9 | 32% |
| 2017 | 958,932 | 835,637 | 123,295 | 10.3 | 45% |
| 2018 | 994,823 | 993,590 | 1,233 | 8.6 | 44% |
| 2019 | 1,001,855 | 988,377 | 13,478 | 9.2 | 48% |
| 2020 | 966,362 | 957,938 | 8,424 | 11.2 | 51% |
| 2021 | 1,682,709 | 1,109,446 | 573,263 | 17.4 | 42% |
| 2022 | 1,059,896 | 1,161,307 | −101,411 | 14.7 | 43% |
| 2023 | 1,015,740 | 1,050,159 | −34,419 | 17.5 | 51% |
In its most recent public year (2023), this organization spent $34,419 more than it brought in. Its reserves stood at about 17.5 months of spending, up from 5.6 in 2011. Staff pay was 51% of spending. $424,287 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
Literacy Cooperative Of Greater Cleveland'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