The Friends Of The Golden Valley Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,157 | 18,950 | −5,793 | 3.6 | — |
| 2014 | 12,715 | 6,053 | 6,662 | 29.2 | — |
| 2015 | 9,890 | 10,553 | −663 | 16.0 | — |
| 2016 | 19,072 | 16,612 | 2,460 | 11.9 | — |
| 2017 | 15,877 | 9,660 | 6,217 | 28.3 | — |
| 2018 | 18,421 | 10,306 | 8,115 | 35.9 | — |
| 2019 | 9,542 | 8,572 | 970 | 44.6 | — |
| 2020 | 805 | 99 | 706 | 3950.7 | — |
In its most recent public year (2020), this organization brought in $706 more than it spent. Its reserves stood at about 3950.7 months of spending, up from 3.6 in 2012.
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 2020. 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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