Friends Of The Huntington Beach Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 295,905 | 272,076 | 23,829 | 66.3 | 0% |
| 2012 | 307,955 | 241,304 | 66,651 | 78.1 | 0% |
| 2013 | 290,885 | 243,734 | 47,151 | 79.7 | 0% |
| 2014 | 281,350 | 307,497 | −26,147 | 62.1 | 0% |
| 2015 | 382,954 | 322,274 | 60,680 | 61.5 | 0% |
| 2016 | 338,449 | 312,771 | 25,678 | 64.4 | 0% |
| 2017 | 316,691 | 260,786 | 55,905 | 79.8 | 0% |
| 2018 | 305,413 | 486,366 | −180,953 | 38.3 | 0% |
| 2019 | 321,920 | 272,850 | 49,070 | 70.5 | 0% |
| 2020 | 366,514 | 110,998 | 255,516 | 200.9 | 0% |
| 2021 | 985,580 | 422,768 | 562,812 | 68.7 | 0% |
| 2022 | 248,422 | 28,908 | 219,514 | 1099.0 | 0% |
| 2023 | 729,438 | 547,773 | 181,665 | 59.8 | 0% |
In its most recent public year (2023), this organization brought in $181,665 more than it spent. Its reserves stood at about 59.8 months of spending, down from 66.3 in 2011. Staff pay was 0% of spending. $1,762,365 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 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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