Friends Of The Fayetteville-Lincoln County Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 54,517 | 53,401 | 1,116 | 0.3 | — |
| 2011 | 134,089 | 33,718 | 100,371 | -301.2 | — |
| 2012 | 332,119 | 26,542 | 305,577 | -244.4 | 0% |
| 2013 | 83,986 | 30,718 | 53,268 | -190.4 | — |
| 2014 | 69,377 | 21,330 | 48,047 | -247.1 | — |
| 2015 | 85,119 | 23,738 | 61,381 | -203.7 | — |
| 2017 | 71,215 | 16,788 | 54,427 | -252.4 | — |
| 2018 | 302,829 | 18,792 | 284,037 | -44.1 | 0% |
| 2019 | 40,762 | 8,880 | 31,882 | -50.2 | 0% |
| 2020 | 23,834 | 4,042 | 19,792 | -51.5 | 0% |
In its most recent public year (2020), this organization brought in $19,792 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-51.5 months), down from 0.3 in 2010. Staff pay was 0% 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 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
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