Fenton Free Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 55,021 | 54,375 | 646 | 48.1 | — |
| 2012 | 45,272 | 50,091 | −4,819 | 51.1 | — |
| 2013 | 49,864 | 56,710 | −6,846 | 43.7 | — |
| 2014 | 133,836 | 81,869 | 51,967 | 37.9 | — |
| 2015 | 114,815 | 106,276 | 8,539 | 30.1 | — |
| 2016 | 117,487 | 118,824 | −1,337 | 27.3 | — |
| 2017 | 153,056 | 131,215 | 21,841 | 20.1 | — |
| 2018 | 152,071 | 127,807 | 24,264 | 22.9 | — |
| 2019 | 173,286 | 173,860 | −574 | 16.8 | — |
| 2020 | 848,134 | 802,323 | 45,811 | 4.3 | 11% |
| 2021 | 250,573 | 367,726 | −117,153 | 5.6 | 24% |
| 2022 | 233,467 | 211,467 | 22,000 | 11.0 | 47% |
| 2023 | 212,574 | 200,859 | 11,715 | 12.3 | 47% |
In its most recent public year (2023), this organization brought in $11,715 more than it spent. Its reserves stood at about 12.3 months of spending, down from 48.1 in 2011. Staff pay was 47% of spending. $28,320 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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