Old Colony Library Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,312,018 | 1,238,202 | 73,816 | 16.9 | 42% |
| 2021 | 1,373,791 | 1,227,347 | 146,444 | 19.3 | 41% |
| 2022 | 1,294,021 | 1,329,721 | −35,700 | 16.4 | 38% |
| 2023 | 1,297,561 | 1,396,994 | −99,433 | 14.9 | 35% |
In its most recent public year (2023), this organization spent $99,433 more than it brought in. Its reserves stood at about 14.9 months of spending, down from 16.9 in 2020. Staff pay was 35% 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
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