Friends Of The Acton Libraries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,013 | 52,276 | −2,263 | -0.9 | — |
| 2012 | 53,407 | 50,508 | 2,899 | 1.1 | — |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 17,485 | 35,002 | −17,517 | 2.6 | — |
| 2020 | 12,904 | 11,284 | 1,620 | 3.8 | — |
| 2021 | 17,213 | 17,178 | 35 | 2.6 | — |
| 2022 | 22,254 | 27,154 | −4,900 | -0.6 | — |
| 2023 | 33,729 | 34,443 | −714 | -0.7 | — |
In its most recent public year (2023), this organization spent $714 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months).
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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