Oceanic Free Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 189,069 | 164,994 | 24,075 | 54.0 | 56% |
| 2020 | 254,652 | 167,113 | 87,539 | 61.0 | 55% |
| 2021 | 262,918 | 206,917 | 56,001 | 52.5 | 45% |
| 2022 | 207,890 | 183,905 | 23,985 | 60.6 | 50% |
| 2023 | 236,320 | 181,661 | 54,659 | 65.0 | 42% |
In its most recent public year (2023), this organization brought in $54,659 more than it spent. Its reserves stood at about 65 months of spending, up from 54 in 2019. Staff pay was 42% of spending. $371,355 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works