Friends Of The Topsfield Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 20,086 | 18,192 | 1,894 | 32.0 | — |
| 2013 | 10,586 | 12,986 | −2,400 | 42.6 | — |
| 2014 | 14,685 | 18,538 | −3,853 | 27.3 | — |
| 2015 | 16,026 | 16,948 | −922 | 29.3 | — |
| 2016 | 14,726 | 18,744 | −4,018 | 23.9 | — |
| 2017 | 12,500 | 15,244 | −2,744 | 27.2 | — |
| 2018 | 14,651 | 15,162 | −511 | 26.9 | — |
| 2019 | 9,834 | 10,384 | −550 | 38.7 | — |
| 2020 | 12,102 | 9,909 | 2,193 | 43.2 | — |
| 2021 | 6,405 | 7,691 | −1,286 | 53.7 | — |
| 2022 | 9,934 | 9,375 | 559 | 44.7 | — |
| 2023 | 13,671 | 13,084 | 587 | 32.6 | — |
| 2024 | 13,156 | 12,839 | 317 | 33.5 | — |
In its most recent public year (2024), this organization brought in $317 more than it spent. Its reserves stood at about 33.5 months of spending, up from 32 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 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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