Literacy For Life Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 117,628 | 132,869 | −15,241 | 4.1 | — |
| 2013 | 100,528 | 111,471 | −10,943 | 3.7 | — |
| 2014 | 108,987 | 110,760 | −1,773 | 3.5 | — |
| 2015 | 117,426 | 108,808 | 8,618 | 4.6 | — |
| 2016 | 116,823 | 96,282 | 20,541 | 7.7 | — |
| 2017 | 150,611 | 112,394 | 38,217 | 10.7 | — |
| 2018 | 149,826 | 119,868 | 29,958 | 13.0 | — |
| 2019 | 124,969 | 117,972 | 6,997 | 13.9 | — |
| 2020 | 111,818 | 122,708 | −10,890 | 12.3 | — |
| 2021 | 229,225 | 152,841 | 76,384 | 15.9 | 71% |
| 2022 | 192,252 | 141,656 | 50,596 | 21.4 | 72% |
| 2023 | 454,241 | 236,539 | 217,702 | 23.9 | 44% |
| 2024 | 24,019 | 242,668 | −218,649 | 12.5 | 36% |
In its most recent public year (2024), this organization spent $218,649 more than it brought in. Its reserves stood at about 12.5 months of spending, up from 4.1 in 2012. Staff pay was 36% 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 2024. 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 Life Organization's IRS filings as a feed — one entry per filing year, through 2024. 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