Hopkinton Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,423 | 126,727 | −109,304 | 12.5 | 0% |
| 2021 | 9,636 | 15,690 | −6,054 | 96.1 | 0% |
| 2022 | 35,777 | 9,189 | 26,588 | 198.9 | 0% |
| 2023 | 27,005 | 29,732 | −2,727 | 60.4 | 0% |
In its most recent public year (2023), this organization spent $2,727 more than it brought in. Its reserves stood at about 60.4 months of spending, up from 12.5 in 2020. Staff pay was 0% 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 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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