Somers Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 27,481 | 2,225 | 25,256 | 348.7 | — |
| 2019 | 16,950 | 5,265 | 11,685 | 233.8 | — |
| 2020 | 5,565 | 2,044 | 3,521 | 663.9 | — |
| 2021 | 21,117 | 3,088 | 18,029 | 509.5 | — |
| 2022 | 15,545 | 10,720 | 4,825 | 152.2 | — |
In its most recent public year (2022), this organization brought in $4,825 more than it spent. Its reserves stood at about 152.2 months of spending, down from 348.7 in 2016.
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 2022. 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
Somers Library Foundation Inc's IRS filings as a feed — one entry per filing year, through 2022. 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