Friends Of Rice Lake Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 141,251 | 17,436 | 123,815 | 147.4 | — |
| 2018 | 247,320 | 341,256 | −93,936 | 4.2 | 0% |
| 2019 | 198,450 | 196,118 | 2,332 | 7.5 | 0% |
| 2020 | 100,680 | 191,056 | −90,376 | 2.0 | 0% |
| 2021 | 28,265 | 19,572 | 8,693 | 25.0 | 0% |
| 2022 | 38,666 | 31,916 | 6,750 | 17.9 | 0% |
| 2023 | 25,954 | 32,939 | −6,985 | 14.8 | 0% |
In its most recent public year (2023), this organization spent $6,985 more than it brought in. Its reserves stood at about 14.8 months of spending, down from 147.4 in 2017. 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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