Billerica Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 26,566 | 19,661 | 6,905 | 118.9 | — |
| 2021 | 24,678 | 12,517 | 12,161 | 198.4 | — |
| 2022 | 34,650 | 12,248 | 22,402 | 224.7 | — |
| 2023 | 27,370 | 14,487 | 12,883 | 200.7 | — |
| 2024 | 29,487 | 17,427 | 12,060 | 175.1 | — |
In its most recent public year (2024), this organization brought in $12,060 more than it spent. Its reserves stood at about 175.1 months of spending, up from 118.9 in 2020.
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 2024. 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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