Friends Of Richard Salter Storrs Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,076 | 7,064 | 1,012 | 48.4 | — |
| 2012 | 12,580 | 8,888 | 3,692 | 43.4 | — |
| 2013 | 6,869 | 3,093 | 3,776 | 139.5 | — |
| 2014 | 13,847 | 7,604 | 6,243 | 66.6 | — |
| 2015 | 12,885 | 25,875 | −12,990 | 13.5 | — |
| 2016 | 12,808 | 13,362 | −554 | 25.7 | — |
| 2017 | 13,198 | 24,652 | −11,454 | 8.4 | — |
| 2018 | 15,436 | 16,630 | −1,194 | 11.5 | — |
| 2019 | 18,144 | 1,562 | 16,582 | 250.8 | — |
| 2020 | 28,465 | 21,712 | 6,753 | 21.8 | — |
| 2021 | 7,311 | 12,006 | −4,695 | 34.7 | — |
| 2022 | 15,592 | 19,452 | −3,860 | 19.1 | — |
| 2023 | 17,920 | 23,954 | −6,034 | 12.4 | — |
| 2024 | 41,194 | 23,256 | 17,938 | 22.0 | — |
In its most recent public year (2024), this organization brought in $17,938 more than it spent. Its reserves stood at about 22 months of spending, down from 48.4 in 2011.
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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