Friends And Foundation Of The Princeton Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 415,788 | 671,940 | −256,152 | 285.7 | 4% |
| 2021 | 573,238 | 683,250 | −110,012 | 315.4 | 0% |
| 2022 | 720,388 | 747,338 | −26,950 | 242.2 | 0% |
In its most recent public year (2022), this organization spent $26,950 more than it brought in. Its reserves stood at about 242.2 months of spending, down from 285.7 in 2020. Staff pay was 0% of spending. $5,128,051 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 2022. 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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