Olive Free Library Trust Ua
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 195,790 | 83,996 | 111,794 | 397.9 | 33% |
| 2021 | 377,795 | 112,056 | 265,739 | 326.7 | 27% |
| 2022 | 187,903 | 122,007 | 65,896 | 304.9 | 25% |
| 2023 | 105,714 | 114,870 | −9,156 | 323.5 | 26% |
In its most recent public year (2023), this organization spent $9,156 more than it brought in. Its reserves stood at about 323.5 months of spending, down from 397.9 in 2020. Staff pay was 26% 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 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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