Kent Free Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 98,596 | 47,136 | 51,460 | 212.1 | 0% |
| 2012 | 39,812 | 15,404 | 24,408 | 670.8 | 0% |
| 2013 | 217,540 | 13,189 | 204,351 | 1056.8 | 0% |
| 2014 | 91,523 | 15,912 | 75,611 | 957.3 | 0% |
| 2015 | 92,913 | 12,131 | 80,782 | 1277.2 | 0% |
| 2016 | 99,071 | 11,067 | 88,004 | 1544.5 | 0% |
| 2017 | 44,830 | 20,888 | 23,942 | 863.1 | 0% |
| 2018 | 33,892 | 96,748 | −62,856 | 167.0 | 0% |
| 2019 | 43,683 | 26,851 | 16,832 | 672.3 | 0% |
| 2020 | 430,520 | 12,928 | 417,592 | 1860.2 | 0% |
| 2021 | 235,213 | 80,552 | 154,661 | 353.5 | 0% |
| 2022 | 95,574 | 25,630 | 69,944 | 1057.5 | 0% |
| 2023 | −9,021 | 30,100 | −39,121 | 955.7 | 0% |
In its most recent public year (2023), this organization spent $39,121 more than it brought in. Its reserves stood at about 955.7 months of spending, up from 212.1 in 2011. Staff pay was 0% of spending. $148,754 of its net assets are donor-restricted.
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
Kent Free Library Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works