Freeport Area Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,163 | 53,957 | −4,794 | 102.1 | — |
| 2012 | 56,118 | 55,675 | 443 | 100.7 | — |
| 2013 | 78,194 | 73,539 | 4,655 | 80.3 | — |
| 2014 | 52,835 | 59,432 | −6,597 | 99.9 | — |
| 2015 | 53,993 | 57,608 | −3,615 | 99.0 | — |
| 2016 | 60,880 | 54,383 | 6,497 | 106.4 | 45% |
| 2017 | 59,922 | 59,648 | 274 | 97.0 | — |
| 2018 | 82,225 | 57,767 | 24,458 | 100.0 | — |
| 2019 | 97,158 | 76,730 | 20,428 | 83.2 | 38% |
| 2020 | 68,568 | 55,924 | 12,644 | 116.9 | 47% |
| 2021 | 74,652 | 51,976 | 22,676 | 131.0 | 25% |
| 2022 | 21,320 | 64,699 | −43,379 | 97.2 | 46% |
| 2023 | 77,295 | 70,502 | 6,793 | 90.4 | 45% |
In its most recent public year (2023), this organization brought in $6,793 more than it spent. Its reserves stood at about 90.4 months of spending, down from 102.1 in 2011. 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
Freeport Area Library Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works