Reading To Kids
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 148,323 | 181,564 | −33,241 | 6.4 | 51% |
| 2013 | 179,404 | 190,462 | −11,058 | 5.4 | 50% |
| 2014 | 199,620 | 169,098 | 30,522 | 8.3 | 45% |
| 2015 | 194,248 | 175,170 | 19,078 | 9.3 | 47% |
| 2016 | 168,125 | 199,939 | −31,814 | 6.2 | 51% |
| 2017 | 214,440 | 206,783 | 7,657 | 6.3 | 53% |
| 2018 | 187,363 | 202,628 | −15,265 | 5.6 | 54% |
| 2019 | 213,448 | 199,069 | 14,379 | 6.6 | 51% |
| 2020 | 200,722 | 189,941 | 10,781 | 7.5 | 59% |
| 2021 | 237,888 | 169,058 | 68,830 | 13.4 | 61% |
| 2022 | 229,332 | 175,031 | 54,301 | 16.8 | 61% |
| 2023 | 250,583 | 198,947 | 51,636 | 17.9 | 58% |
In its most recent public year (2023), this organization brought in $51,636 more than it spent. Its reserves stood at about 17.9 months of spending, up from 6.4 in 2012. Staff pay was 58% of spending. $33,320 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
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