Springvale Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 245,441 | 298,781 | −53,340 | 129.2 | 47% |
| 2012 | 251,669 | 303,669 | −52,000 | 126.1 | 0% |
| 2013 | 271,164 | 311,772 | −40,608 | 128.4 | 50% |
| 2014 | 229,277 | 319,325 | −90,048 | 132.7 | 50% |
| 2015 | 227,519 | 333,442 | −105,923 | 126.1 | 51% |
| 2016 | 236,540 | 321,071 | −84,531 | 126.8 | 51% |
| 2017 | 233,706 | 327,508 | −93,802 | 130.6 | 51% |
| 2018 | 285,605 | 346,398 | −60,793 | 127.4 | 51% |
| 2019 | 262,809 | 360,113 | −97,304 | 126.1 | 51% |
| 2020 | 276,460 | 379,354 | −102,894 | 123.4 | 49% |
| 2021 | 360,068 | 387,122 | −27,054 | 139.9 | 48% |
| 2022 | 292,165 | 368,474 | −76,309 | 133.4 | 50% |
| 2023 | 271,052 | 364,357 | −93,305 | 139.4 | 52% |
| 2024 | 272,533 | 334,802 | −62,269 | 167.5 | 55% |
In its most recent public year (2024), this organization spent $62,269 more than it brought in. Its reserves stood at about 167.5 months of spending, up from 129.2 in 2011. Staff pay was 55% of spending. $3,539,943 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 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
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