Red Oak Public Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 76,782 | 5,924 | 70,858 | 1540.0 | 0% |
| 2022 | 37,914 | 42,803 | −4,889 | 247.2 | 0% |
| 2023 | 14,988 | 11,871 | 3,117 | 964.3 | 0% |
| 2024 | 15,371 | 5,059 | 10,312 | 2537.0 | 0% |
In its most recent public year (2024), this organization brought in $10,312 more than it spent. Its reserves stood at about 2537 months of spending, up from 1540 in 2021. 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 2024. 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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