Community Library Of The Shenango Valley
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 528,712 | 535,541 | −6,829 | 8.5 | 59% |
| 2020 | 622,137 | 525,261 | 96,876 | 11.3 | 57% |
| 2021 | 565,945 | 531,861 | 34,084 | 12.2 | 57% |
| 2022 | 517,581 | 577,585 | −60,004 | 8.7 | 52% |
| 2023 | 803,773 | 622,794 | 180,979 | 12.1 | 56% |
In its most recent public year (2023), this organization brought in $180,979 more than it spent. Its reserves stood at about 12.1 months of spending, up from 8.5 in 2019. Staff pay was 56% of spending. $525,768 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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