Floyd Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 899,655 | 939,447 | −39,792 | 21.7 | 54% |
| 2012 | 976,528 | 920,721 | 55,807 | 22.9 | 54% |
| 2013 | 1,002,383 | 961,492 | 40,891 | 22.5 | 51% |
| 2014 | 1,037,644 | 971,887 | 65,757 | 23.1 | 52% |
| 2015 | 1,043,701 | 984,883 | 58,818 | 23.5 | 53% |
| 2016 | 1,112,454 | 1,010,717 | 101,737 | 24.1 | 55% |
| 2017 | 1,140,402 | 997,360 | 143,042 | 26.1 | 56% |
| 2018 | 1,072,530 | 1,029,688 | 42,842 | 25.8 | 54% |
| 2019 | 1,037,619 | 1,101,603 | −63,984 | 23.4 | 51% |
| 2020 | 1,585,652 | 1,006,405 | 579,247 | 32.6 | 57% |
| 2021 | 551,857 | 1,110,257 | −558,400 | 18.0 | 50% |
| 2022 | 865,482 | 555,895 | 309,587 | 42.6 | 26% |
| 2023 | 1,104,062 | 1,145,654 | −41,592 | 20.2 | 39% |
In its most recent public year (2023), this organization spent $41,592 more than it brought in. Its reserves stood at about 20.2 months of spending, down from 21.7 in 2011. Staff pay was 39% of spending. $30,327 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
Floyd Memorial Library's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works