Monrovia Reads Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,495 | 41,938 | 6,557 | 5.3 | — |
| 2018 | 69,987 | 69,169 | 818 | 6.6 | — |
| 2019 | 72,732 | 57,327 | 15,405 | 11.2 | — |
| 2022 | 101,411 | 53,092 | 48,319 | 29.7 | — |
| 2023 | 95,436 | 100,867 | −5,431 | 15.0 | — |
In its most recent public year (2023), this organization spent $5,431 more than it brought in. Its reserves stood at about 15 months of spending, up from 5.3 in 2011.
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
Monrovia Reads 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