Wells Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 149,931 | 0 | 149,931 | — | — |
| 2016 | 187,055 | 0 | 187,055 | — | — |
| 2017 | 651,003 | 0 | 651,003 | — | — |
| 2018 | 76,245 | 1,066,204 | −989,959 | 0.2 | 0% |
| 2022 | 192,930 | 5,080 | 187,850 | 970.3 | — |
In its most recent public year (2022), this organization brought in $187,850 more than it spent. Its reserves stood at about 970.3 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 2022. 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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