Penn Area Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 256,755 | 270,073 | −13,318 | 15.2 | 54% |
| 2012 | 266,115 | 274,157 | −8,042 | 14.6 | 53% |
| 2013 | 263,725 | 277,129 | −13,404 | 13.9 | 55% |
| 2014 | 268,370 | 269,991 | −1,621 | 14.2 | 54% |
| 2015 | 269,791 | 273,139 | −3,348 | 13.8 | 57% |
| 2016 | 295,732 | 269,468 | 26,264 | 15.2 | 58% |
| 2017 | 287,628 | 254,834 | 32,794 | 17.6 | 59% |
| 2018 | 286,910 | 268,020 | 18,890 | 17.5 | 59% |
| 2019 | 299,815 | 273,764 | 26,051 | 18.3 | 55% |
| 2020 | 332,063 | 253,149 | 78,914 | 23.3 | 64% |
| 2021 | 264,340 | 273,555 | −9,215 | 21.3 | 63% |
| 2022 | 297,976 | 278,453 | 19,523 | 22.0 | 61% |
| 2023 | 321,438 | 297,553 | 23,885 | 21.5 | 61% |
In its most recent public year (2023), this organization brought in $23,885 more than it spent. Its reserves stood at about 21.5 months of spending, up from 15.2 in 2011. Staff pay was 61% 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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