Friends Of The Merced County Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 30,911 | 31,098 | −187 | 39.7 | — |
| 2020 | 34,180 | 37,734 | −3,554 | 31.6 | — |
| 2022 | 44,851 | 28,351 | 16,500 | 52.0 | — |
| 2023 | 76,483 | 119,519 | −43,036 | 8.0 | — |
In its most recent public year (2023), this organization spent $43,036 more than it brought in. Its reserves stood at about 8 months of spending, down from 39.7 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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