Steep Falls Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,195 | 44,266 | −34,071 | 114.1 | — |
| 2012 | 17,324 | 46,657 | −29,333 | 100.7 | — |
| 2013 | 17,655 | 34,265 | −16,610 | 131.3 | — |
| 2014 | 26,812 | 34,843 | −8,031 | 126.4 | — |
| 2015 | 36,989 | 35,042 | 1,947 | 126.3 | — |
| 2016 | 56,921 | 44,182 | 12,739 | 103.7 | — |
| 2017 | 59,749 | 59,711 | 38 | 76.7 | 25% |
| 2018 | 84,927 | 45,409 | 39,518 | 111.3 | 32% |
| 2019 | 67,024 | 44,909 | 22,115 | 118.5 | 33% |
| 2020 | 46,345 | 39,705 | 6,640 | 136.0 | 28% |
| 2021 | 38,154 | 26,847 | 11,307 | 206.2 | 9% |
| 2022 | 47,468 | 56,909 | −9,441 | 95.3 | 49% |
| 2023 | 34,776 | 61,836 | −27,060 | 82.4 | 45% |
| 2024 | 60,483 | 63,506 | −3,023 | 79.7 | 44% |
In its most recent public year (2024), this organization spent $3,023 more than it brought in. Its reserves stood at about 79.7 months of spending, down from 114.1 in 2011. Staff pay was 44% 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
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