Friends Of The Mentor Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 113,808 | 29,773 | 84,035 | 40.9 | — |
| 2016 | 760 | 2,067 | −1,307 | 580.9 | — |
| 2017 | 282,864 | 489 | 282,375 | 9385.0 | 0% |
| 2019 | 2,426 | 7,141 | −4,715 | 562.4 | — |
| 2021 | 550 | 21,992 | −21,442 | 170.9 | — |
| 2022 | 2,614 | 44,957 | −42,343 | 72.3 | — |
| 2023 | 26,214 | 28,324 | −2,110 | 113.9 | — |
In its most recent public year (2023), this organization spent $2,110 more than it brought in. Its reserves stood at about 113.9 months of spending, up from 40.9 in 2015.
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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