Red Bank Library Foundation A New Jersey Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 18,518 | 2,799 | 15,719 | 67.4 | — |
| 2014 | 31,372 | 28,133 | 3,239 | 8.1 | — |
| 2015 | 8,780 | 12,081 | −3,301 | 15.6 | — |
| 2016 | 41,765 | 11,982 | 29,783 | 45.5 | — |
| 2017 | 47,457 | 17,779 | 29,678 | 50.7 | — |
| 2018 | 47,686 | 38,908 | 8,778 | 25.9 | — |
| 2019 | 53,266 | 23,802 | 29,464 | 57.2 | — |
| 2020 | 64,565 | 19,415 | 45,150 | 98.0 | — |
| 2021 | 25,082 | 3,932 | 21,150 | 548.3 | — |
| 2022 | 22,013 | 6,935 | 15,078 | 337.0 | — |
| 2023 | 59,731 | 27,157 | 32,574 | 100.4 | — |
In its most recent public year (2023), this organization brought in $32,574 more than it spent. Its reserves stood at about 100.4 months of spending, up from 67.4 in 2013.
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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