Olive Free Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 237,047 | 248,179 | −11,132 | 26.5 | 59% |
| 2021 | 351,304 | 272,200 | 79,104 | 27.0 | 52% |
| 2022 | 326,698 | 303,554 | 23,144 | 25.1 | 50% |
| 2023 | 361,270 | 361,080 | 190 | 21.2 | 45% |
In its most recent public year (2023), this organization brought in $190 more than it spent. Its reserves stood at about 21.2 months of spending, down from 26.5 in 2020. Staff pay was 45% 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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