Friends Of The Library Friendswood Texas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 5,679 | 10,054 | −4,375 | 3.8 | — |
| 2018 | 6,051 | 5,820 | 231 | 7.1 | — |
| 2019 | 11,586 | 6,399 | 5,187 | 20.0 | — |
| 2020 | 14,839 | 15,995 | −1,156 | 5.9 | — |
| 2021 | 7,266 | 6,960 | 306 | 14.1 | — |
| 2022 | 56,091 | 9,598 | 46,493 | 68.4 | — |
| 2023 | 28,599 | 57,509 | −28,910 | 5.4 | — |
In its most recent public year (2023), this organization spent $28,910 more than it brought in. Its reserves stood at about 5.4 months of spending, up from 3.8 in 2017.
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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