Newfield Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 115,866 | 120,912 | −5,046 | 39.6 | — |
| 2012 | 103,850 | 124,891 | −21,041 | 36.3 | — |
| 2013 | 112,341 | 116,737 | −4,396 | 38.4 | — |
| 2014 | 107,809 | 116,561 | −8,752 | 37.6 | — |
| 2015 | 115,408 | 127,496 | −12,088 | 33.2 | — |
| 2016 | 128,425 | 132,602 | −4,177 | 31.6 | — |
| 2017 | 135,568 | 132,936 | 2,632 | 31.7 | — |
| 2018 | 156,416 | 145,383 | 11,033 | 29.9 | — |
| 2019 | 163,708 | 140,986 | 22,722 | 32.8 | — |
| 2020 | 160,046 | 154,262 | 5,784 | 30.4 | — |
| 2021 | 190,070 | 190,383 | −313 | 24.6 | — |
| 2022 | 194,667 | 194,830 | −163 | 24.0 | — |
| 2023 | 217,216 | 228,883 | −11,667 | 19.9 | 41% |
In its most recent public year (2023), this organization spent $11,667 more than it brought in. Its reserves stood at about 19.9 months of spending, down from 39.6 in 2011. Staff pay was 41% of spending. $27,928 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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