Willard Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,031,862 | 76,328 | 955,534 | 460.2 | 0% |
| 2020 | 216,153 | 140,338 | 75,815 | 279.0 | 0% |
| 2021 | 242,745 | 42,993 | 199,752 | 1114.2 | 0% |
| 2022 | 247,979 | 63,905 | 184,074 | 709.7 | 0% |
| 2023 | 167,719 | 87,237 | 80,482 | 545.9 | 0% |
In its most recent public year (2023), this organization brought in $80,482 more than it spent. Its reserves stood at about 545.9 months of spending, up from 460.2 in 2019. 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 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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