Friends Of The Lynnfield Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 35,481 | 31,624 | 3,857 | 15.3 | — |
| 2013 | 33,548 | 41,162 | −7,614 | 9.5 | — |
| 2014 | 42,416 | 35,298 | 7,118 | 13.5 | — |
| 2015 | 38,122 | 30,738 | 7,384 | 18.4 | — |
| 2016 | 30,613 | 25,812 | 4,801 | 24.1 | — |
| 2017 | 38,474 | 32,208 | 6,266 | 21.7 | — |
| 2018 | 31,199 | 28,339 | 2,860 | 23.7 | — |
| 2019 | 22,061 | 23,745 | −1,684 | 27.5 | — |
| 2020 | 14,391 | 22,967 | −8,576 | 23.9 | — |
In its most recent public year (2020), this organization spent $8,576 more than it brought in. Its reserves stood at about 23.9 months of spending, up from 15.3 in 2012.
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 2020. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works