Barrett Friendly Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 481,287 | 392,773 | 88,514 | 79.7 | 27% |
| 2012 | 248,521 | 355,639 | −107,118 | 84.4 | 32% |
| 2013 | 331,447 | 348,388 | −16,941 | 85.6 | 34% |
| 2014 | 388,035 | 360,346 | 27,689 | 83.6 | 33% |
| 2015 | 381,825 | 364,327 | 17,498 | 83.3 | 36% |
| 2016 | 375,850 | 372,332 | 3,518 | 81.6 | 39% |
| 2017 | 381,123 | 401,822 | −20,699 | 75.0 | 40% |
| 2018 | 357,769 | 393,325 | −35,556 | 75.6 | 43% |
| 2019 | 433,118 | 409,427 | 23,691 | 73.3 | 44% |
| 2020 | 352,388 | 394,101 | −41,713 | 74.9 | 45% |
| 2021 | 468,374 | 372,852 | 95,522 | 81.9 | 38% |
| 2022 | 334,625 | 359,268 | −24,643 | 82.8 | 42% |
| 2023 | 320,805 | 384,369 | −63,564 | 76.2 | 41% |
In its most recent public year (2023), this organization spent $63,564 more than it brought in. Its reserves stood at about 76.2 months of spending, down from 79.7 in 2011. Staff pay was 41% of spending. $44,719 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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