Friends Of The L E Phillips Memorial Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,867 | 50,246 | 10,621 | 14.1 | — |
| 2012 | 54,628 | 49,490 | 5,138 | 15.6 | — |
| 2013 | 60,238 | 54,929 | 5,309 | 15.2 | — |
| 2014 | 56,017 | 59,957 | −3,940 | 13.1 | — |
| 2015 | 77,306 | 71,120 | 6,186 | 12.1 | — |
| 2016 | 69,194 | 71,174 | −1,980 | 11.8 | — |
| 2017 | 60,555 | 63,820 | −3,265 | 12.5 | — |
| 2018 | 66,387 | 63,347 | 3,040 | 12.2 | — |
| 2019 | 62,930 | 73,657 | −10,727 | 9.5 | — |
| 2020 | 62,446 | 53,545 | 8,901 | 15.1 | — |
| 2021 | 68,858 | 63,863 | 4,995 | 13.6 | — |
| 2022 | 100,603 | 91,453 | 9,150 | 13.1 | — |
| 2023 | 112,935 | 114,016 | −1,081 | 10.4 | — |
| 2024 | 112,172 | 113,370 | −1,198 | 10.0 | — |
In its most recent public year (2024), this organization spent $1,198 more than it brought in. Its reserves stood at about 10 months of spending, down from 14.1 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 2024. 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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