Friends Of The Springfield Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 15,260 | 14,640 | 620 | 28.9 | — |
| 2013 | 23,010 | 14,596 | 8,414 | 35.9 | — |
| 2014 | 25,210 | 35,256 | −10,046 | 11.5 | — |
| 2015 | 30,046 | 32,158 | −2,112 | 11.8 | — |
| 2016 | 38,256 | 32,799 | 5,457 | 13.5 | — |
| 2017 | 63,518 | 23,828 | 39,690 | 38.6 | — |
| 2018 | 37,562 | 52,599 | −15,037 | 14.1 | — |
| 2019 | 67,293 | 90,239 | −22,946 | 5.1 | — |
| 2020 | 147,716 | 157,489 | −9,773 | 2.2 | — |
| 2021 | 14,910 | 6,231 | 8,679 | 72.5 | — |
| 2022 | 15,575 | 7,018 | 8,557 | 79.0 | — |
| 2023 | 14,860 | 8,733 | 6,127 | 71.9 | — |
In its most recent public year (2023), this organization brought in $6,127 more than it spent. Its reserves stood at about 71.9 months of spending, up from 28.9 in 2012.
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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