Operating record

Friends Of The Lawrence Public Library Inc

Lawrence, MA · EIN 04-2971014 · files the short form (990-EZ), so reduced detail · latest public year 2022

YearMoney inMoney outResultReserve mo.Staffing
2019$12,794$13,569−$7754.3
2020$62,757$64,345−$1,5880.6
2022$4,090$2,080$2,01015.9

In its most recent public year (2022), this organization brought in $2,010 more than it spent. Its reserves stood at about 15.9 months of spending, up from 4.3 in 2019.

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 2022. 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 ↗