Friends Of The New River Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 8,285 | 5,158 | 3,127 | 7.3 | — |
| 2017 | 7,900 | 3,976 | 3,924 | 21.3 | — |
| 2018 | 6,267 | 8,194 | −1,927 | 7.5 | — |
| 2019 | 8,265 | 6,401 | 1,864 | 13.1 | — |
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 1,484 | 3,728 | −2,244 | 15.3 | — |
| 2022 | 8,523 | 8,140 | 383 | 7.6 | — |
| 2023 | 9,018 | 7,864 | 1,154 | 9.6 | — |
In its most recent public year (2023), this organization brought in $1,154 more than it spent. Its reserves stood at about 9.6 months of spending, up from 7.3 in 2016.
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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