Friends Of The Royal Oak Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 35,587 | 26,089 | 9,498 | 23.6 | — |
| 2012 | 39,029 | 45,241 | −6,212 | 12.0 | — |
| 2013 | 52,259 | 50,450 | 1,809 | 11.3 | — |
| 2014 | 35,977 | 64,569 | −28,592 | 1.7 | — |
| 2015 | 41,748 | 38,112 | 3,636 | 7.5 | — |
| 2016 | 42,540 | 37,141 | 5,399 | 9.5 | — |
| 2017 | 38,411 | 34,170 | 4,241 | 11.8 | — |
| 2018 | 38,943 | 39,896 | −953 | 9.8 | — |
| 2019 | 34,755 | 51,032 | −16,277 | 4.4 | — |
| 2020 | 4,701 | 2,888 | 1,813 | 85.3 | — |
| 2021 | 7,472 | 1,525 | 5,947 | 208.3 | — |
| 2022 | 42,647 | 27,148 | 15,499 | 18.6 | — |
| 2023 | 26,042 | 18,540 | 7,502 | 32.0 | — |
In its most recent public year (2023), this organization brought in $7,502 more than it spent. Its reserves stood at about 32 months of spending, up from 23.6 in 2011.
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
Friends Of The Royal Oak Public Library's IRS filings as a feed — one entry per filing year, through 2023. 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