Hudson Area Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 72,383 | 48,122 | 24,261 | 22.8 | — |
| 2020 | 53,964 | 56,059 | −2,095 | 19.1 | — |
| 2021 | 147,548 | 52,094 | 95,454 | 42.6 | — |
| 2022 | 236,572 | 103,753 | 132,819 | 36.7 | 0% |
| 2023 | 134,802 | 227,438 | −92,636 | 11.9 | 0% |
In its most recent public year (2023), this organization spent $92,636 more than it brought in. Its reserves stood at about 11.9 months of spending, down from 22.8 in 2019. 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
Hudson Area Library Foundation Inc'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