Free Public Library Association Of Vassalboro
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 77,334 | 50,996 | 26,338 | 79.1 | — |
| 2021 | 63,578 | 65,115 | −1,537 | 79.1 | — |
| 2022 | 118,502 | 63,596 | 54,906 | 77.6 | — |
| 2023 | 112,907 | 104,247 | 8,660 | 49.5 | — |
| 2024 | 143,191 | 118,366 | 24,825 | 47.8 | — |
In its most recent public year (2024), this organization brought in $24,825 more than it spent. Its reserves stood at about 47.8 months of spending, down from 79.1 in 2020.
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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