Ford City Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,054 | 72,061 | 1,993 | 32.5 | 43% |
| 2012 | 90,746 | 87,246 | 3,500 | 27.3 | 40% |
| 2013 | 101,383 | 98,609 | 2,774 | 24.5 | 44% |
| 2014 | 92,347 | 121,903 | −29,556 | 16.9 | 40% |
| 2015 | 75,532 | 103,255 | −27,723 | 16.7 | 48% |
| 2016 | 83,325 | 97,157 | −13,832 | 16.1 | 50% |
| 2017 | 79,455 | 98,126 | −18,671 | 13.6 | 50% |
| 2018 | 78,834 | 91,784 | −12,950 | 12.9 | 50% |
| 2019 | 70,432 | 86,826 | −16,394 | 11.3 | — |
| 2020 | 75,381 | 87,753 | −12,372 | 9.7 | — |
| 2021 | 88,323 | 90,979 | −2,656 | 10.2 | 62% |
| 2022 | 109,450 | 111,151 | −1,701 | 8.1 | 54% |
| 2023 | 140,518 | 120,793 | 19,725 | 7.3 | 52% |
In its most recent public year (2023), this organization brought in $19,725 more than it spent. Its reserves stood at about 7.3 months of spending, down from 32.5 in 2011. Staff pay was 52% of spending. $16,424 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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