Friends Of The Middletown Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,584 | 2,122 | −538 | 22.1 | — |
| 2015 | 1,525 | 2,538 | −1,013 | 13.7 | — |
| 2016 | 1,677 | 2,116 | −439 | 13.9 | — |
| 2017 | 1,424 | 1,224 | 200 | 26.0 | — |
| 2018 | 300 | 304 | −4 | 104.3 | — |
| 2019 | 1,922 | 2,170 | −248 | 12.7 | — |
In its most recent public year (2019), this organization spent $248 more than it brought in. Its reserves stood at about 12.7 months of spending, down from 22.1 in 2014.
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 2019. 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
Friends Of The Middletown Library's IRS filings as a feed — one entry per filing year, through 2019. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works