Mendham Borough Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 361,957 | 319,128 | 42,829 | 36.0 | 63% |
| 2012 | 304,367 | 269,908 | 34,459 | 46.8 | 68% |
| 2013 | 303,991 | 262,183 | 41,808 | 53.8 | 63% |
| 2014 | 374,788 | 278,630 | 96,158 | 54.8 | 60% |
| 2015 | 340,114 | 276,029 | 64,085 | 53.7 | 66% |
| 2016 | 344,480 | 261,205 | 83,275 | 60.5 | 66% |
| 2017 | 381,049 | 281,271 | 99,778 | 64.0 | 57% |
| 2018 | 331,199 | 262,976 | 68,223 | 64.8 | 61% |
| 2019 | 340,489 | 305,161 | 35,328 | 64.7 | 53% |
| 2020 | 341,046 | 297,986 | 43,060 | 72.9 | 57% |
| 2021 | 376,202 | 290,798 | 85,404 | 83.2 | 57% |
| 2022 | 340,882 | 347,237 | −6,355 | 58.8 | 51% |
| 2023 | 579,450 | 470,364 | 109,086 | 46.2 | 42% |
In its most recent public year (2023), this organization brought in $109,086 more than it spent. Its reserves stood at about 46.2 months of spending, up from 36 in 2011. Staff pay was 42% of spending. $131,618 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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