Foundation For The Sevier County Public Library System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 175,332 | 26,167 | 149,165 | 381.4 | 0% |
| 2021 | 598,421 | 34,278 | 564,143 | 488.6 | 0% |
| 2022 | 98,459 | 720,315 | −621,856 | 12.9 | 0% |
| 2023 | 169,612 | 50,103 | 119,509 | 214.0 | 0% |
In its most recent public year (2023), this organization brought in $119,509 more than it spent. Its reserves stood at about 214 months of spending, down from 381.4 in 2020. Staff pay was 0% of spending. $837,095 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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