Friends Of The Gulf County Public Libraries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 18,367 | 7,519 | 10,848 | 216.7 | — |
| 2021 | 41,269 | 31,958 | 9,311 | 54.5 | — |
| 2022 | 12,278 | 40,935 | −28,657 | 34.1 | — |
| 2023 | 76,707 | 50,344 | 26,363 | 34.0 | — |
In its most recent public year (2023), this organization brought in $26,363 more than it spent. Its reserves stood at about 34 months of spending, down from 216.7 in 2020.
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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