Smart Reading
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,712,511 | 2,257,333 | −544,822 | 15.8 | 61% |
| 2012 | 2,365,102 | 2,499,209 | −134,107 | 13.3 | 61% |
| 2013 | 2,718,083 | 2,416,480 | 301,603 | 16.0 | 56% |
| 2014 | 2,489,091 | 2,588,452 | −99,361 | 15.7 | 53% |
| 2015 | 3,913,349 | 2,999,971 | 913,378 | 17.2 | 53% |
| 2016 | 3,338,275 | 3,223,225 | 115,050 | 16.4 | 55% |
| 2017 | 3,306,443 | 3,497,122 | −190,679 | 15.3 | 52% |
| 2018 | 4,170,871 | 3,442,617 | 728,254 | 18.8 | 55% |
| 2019 | 4,301,865 | 3,678,566 | 623,299 | 20.1 | 54% |
| 2020 | 3,281,592 | 3,610,156 | −328,564 | 19.2 | 56% |
| 2021 | 4,022,192 | 3,730,013 | 292,179 | 22.8 | 56% |
| 2022 | 3,676,711 | 3,749,438 | −72,727 | 20.4 | 56% |
| 2023 | 4,381,093 | 4,729,799 | −348,706 | 16.1 | 56% |
In its most recent public year (2023), this organization spent $348,706 more than it brought in. Its reserves stood at about 16.1 months of spending. Staff pay was 56% of spending. $2,473,895 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
Smart Reading'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