Rockland Memorial Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,574 | 8,711 | −137 | 15.7 | — |
| 2021 | 2,355 | 5,737 | −3,382 | 16.8 | — |
| 2022 | 5,226 | 5,893 | −667 | 15.0 | — |
| 2023 | 8,607 | 7,921 | 686 | 12.2 | — |
| 2024 | 13,109 | 9,383 | 3,726 | 15.1 | — |
In its most recent public year (2024), this organization brought in $3,726 more than it spent. Its reserves stood at about 15.1 months 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 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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