Goodrich Memorial Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 201,802 | 174,385 | 27,417 | 130.3 | 60% |
| 2012 | 224,462 | 193,743 | 30,719 | 119.2 | 57% |
| 2013 | 242,577 | 199,077 | 43,500 | 118.6 | 57% |
| 2014 | 241,637 | 210,640 | 30,997 | 113.8 | 56% |
| 2015 | 203,063 | 218,878 | −15,815 | 108.7 | 55% |
| 2016 | 210,009 | 217,225 | −7,216 | 109.1 | 57% |
| 2017 | 234,212 | 217,968 | 16,244 | 109.6 | 57% |
| 2018 | 246,597 | 238,197 | 8,400 | 100.7 | 57% |
| 2019 | 215,164 | 209,461 | 5,703 | 114.9 | 59% |
| 2020 | 206,665 | 137,832 | 68,833 | 180.6 | 57% |
| 2021 | 224,952 | 185,336 | 39,616 | 141.8 | 50% |
| 2022 | 218,267 | 221,389 | −3,122 | 120.2 | 55% |
| 2023 | 193,670 | 213,883 | −20,213 | 126.8 | 58% |
In its most recent public year (2023), this organization spent $20,213 more than it brought in. Its reserves stood at about 126.8 months of spending, down from 130.3 in 2011. Staff pay was 58% 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
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