Friends Of The South Hadley Public Library System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,417 | 12,500 | −83 | 56.2 | — |
| 2021 | 19,696 | 6,377 | 13,319 | 135.2 | — |
| 2022 | 18,671 | 11,773 | 6,898 | 80.3 | — |
| 2023 | 17,356 | 15,631 | 1,725 | 61.8 | — |
| 2024 | 15,048 | 21,839 | −6,791 | 40.5 | — |
In its most recent public year (2024), this organization spent $6,791 more than it brought in. Its reserves stood at about 40.5 months of spending, down from 56.2 in 2020.
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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