Friend Memorial Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 119,385 | 112,402 | 6,983 | 160.1 | 54% |
| 2012 | 125,574 | 136,716 | −11,142 | 138.7 | 47% |
| 2013 | 116,797 | 116,464 | 333 | 186.3 | 56% |
| 2014 | 210,530 | 121,340 | 89,190 | 184.9 | 55% |
| 2015 | 453,111 | 126,929 | 326,182 | 205.2 | 56% |
| 2016 | 115,864 | 133,263 | −17,399 | 204.0 | 58% |
| 2017 | 124,578 | 143,978 | −19,400 | 207.9 | 55% |
| 2018 | 189,320 | 144,323 | 44,997 | 195.2 | 58% |
| 2019 | 162,719 | 155,255 | 7,464 | 207.1 | 57% |
| 2020 | 424,120 | 164,204 | 259,916 | 220.4 | 52% |
| 2021 | 287,251 | 183,558 | 103,693 | 212.7 | 50% |
| 2022 | 161,508 | 229,718 | −68,210 | 141.9 | 46% |
| 2023 | 433,136 | 318,633 | 114,503 | 119.3 | 30% |
In its most recent public year (2023), this organization brought in $114,503 more than it spent. Its reserves stood at about 119.3 months of spending, down from 160.1 in 2011. Staff pay was 30% of spending. $2,954,165 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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