Fleetwood Area Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 358,833 | 205,897 | 152,936 | 36.1 | 42% |
| 2021 | 188,211 | 222,001 | −33,790 | 33.0 | 42% |
| 2022 | 205,109 | 204,156 | 953 | 35.3 | 46% |
| 2023 | 221,151 | 262,042 | −40,891 | 25.8 | 37% |
In its most recent public year (2023), this organization spent $40,891 more than it brought in. Its reserves stood at about 25.8 months of spending, down from 36.1 in 2020. Staff pay was 37% 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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