Dedham Library Innovation Team Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 7,625 | 1,315 | 6,310 | 57.6 | — |
| 2013 | 10,740 | 10,086 | 654 | 8.3 | — |
| 2014 | 9,290 | 10,014 | −724 | 7.5 | — |
| 2015 | 10,208 | 9,044 | 1,164 | 9.8 | — |
| 2016 | 5,543 | 5,862 | −319 | 14.5 | — |
| 2017 | 13,096 | 11,487 | 1,609 | 9.1 | — |
| 2018 | 12,933 | 11,940 | 993 | 9.7 | — |
| 2019 | 14,889 | 13,984 | 905 | 9.1 | — |
| 2020 | 9,603 | 10,162 | −559 | 11.8 | — |
In its most recent public year (2020), this organization spent $559 more than it brought in. Its reserves stood at about 11.8 months of spending, down from 57.6 in 2012.
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 2020. 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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