Kilgore Memorial Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 29,489 | 4,189 | 25,300 | 3495.3 | 0% |
| 2021 | 81,111 | 33,060 | 48,051 | 460.3 | 0% |
| 2022 | 58,133 | 26,451 | 31,682 | 589.7 | 0% |
| 2023 | 73,968 | 23,022 | 50,946 | 704.1 | 0% |
In its most recent public year (2023), this organization brought in $50,946 more than it spent. Its reserves stood at about 704.1 months of spending, down from 3495.3 in 2020. 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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