Abbot Public Library Second Century Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 25,497 | 14,352 | 11,145 | 562.8 | 0% |
| 2013 | 1,934 | 13,828 | −11,894 | 546.4 | 0% |
| 2014 | 35,146 | 16,794 | 18,352 | 542.8 | 0% |
| 2015 | 41,371 | 15,532 | 25,839 | 569.2 | 0% |
| 2016 | −15,288 | 23,449 | −38,737 | 354.6 | 0% |
| 2017 | 45,460 | 26,848 | 18,612 | 339.5 | 0% |
| 2018 | 26,866 | 26,367 | 499 | 353.1 | 0% |
| 2019 | 48,420 | 36,752 | 11,668 | 252.6 | 0% |
| 2020 | 36,052 | 27,587 | 8,465 | 340.3 | 0% |
| 2021 | 44,782 | 25,135 | 19,647 | 478.8 | 0% |
| 2022 | 96,147 | 36,787 | 59,360 | 270.4 | 0% |
| 2023 | 16,083 | 33,097 | −17,014 | 321.5 | 0% |
In its most recent public year (2023), this organization spent $17,014 more than it brought in. Its reserves stood at about 321.5 months of spending, down from 562.8 in 2012. Staff pay was 0% of spending.
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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