Friends Of Betsie Valley District Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 12,503 | 8,689 | 3,814 | 69.8 | — |
| 2013 | 6,904 | 12,938 | −6,034 | 37.6 | — |
| 2014 | 13,453 | 11,951 | 1,502 | 42.3 | — |
| 2015 | 7,977 | 6,297 | 1,680 | 85.3 | — |
| 2016 | 2,102 | 9,598 | −7,496 | 46.6 | — |
| 2017 | 5,172 | 6,787 | −1,615 | 63.1 | — |
| 2018 | 1,833 | 4,318 | −2,485 | 92.2 | — |
| 2019 | 2,911 | 891 | 2,020 | 474.1 | — |
| 2020 | 8,166 | 8,058 | 108 | 52.6 | — |
| 2021 | 93 | 5,762 | −5,669 | 61.7 | — |
| 2022 | 926 | 1,008 | −82 | 351.9 | — |
| 2023 | 315 | 555 | −240 | 633.9 | — |
In its most recent public year (2023), this organization spent $240 more than it brought in. Its reserves stood at about 633.9 months of spending, up from 69.8 in 2012.
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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