Groton Public Library Endowment Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 278,192 | 96,388 | 181,804 | 354.1 | 0% |
| 2021 | 294,594 | 89,332 | 205,262 | 535.2 | 0% |
| 2022 | 92,944 | 113,663 | −20,719 | 353.9 | 0% |
| 2023 | 69,377 | 120,011 | −50,634 | 371.6 | 0% |
| 2024 | 199,720 | 173,330 | 26,390 | 290.1 | 0% |
In its most recent public year (2024), this organization brought in $26,390 more than it spent. Its reserves stood at about 290.1 months of spending, down from 354.1 in 2019. 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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