Friends Of The Oceanside Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 114,491 | 101,485 | 13,006 | 33.8 | — |
| 2020 | 74,451 | 153,500 | −79,049 | 16.1 | — |
| 2021 | 115,692 | 136,061 | −20,369 | 16.4 | — |
| 2022 | 198,931 | 152,621 | 46,310 | 18.3 | — |
| 2023 | 153,107 | 170,374 | −17,267 | 15.8 | — |
In its most recent public year (2023), this organization spent $17,267 more than it brought in. Its reserves stood at about 15.8 months of spending, down from 33.8 in 2019.
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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