Cooperative Libraries Automated Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,525,415 | 2,399,304 | 126,111 | 10.1 | 31% |
| 2021 | 2,162,450 | 2,029,664 | 132,786 | 13.3 | 35% |
| 2022 | 1,916,393 | 2,492,307 | −575,914 | 7.4 | 29% |
| 2023 | 2,568,594 | 2,750,589 | −181,995 | 5.9 | 27% |
In its most recent public year (2023), this organization spent $181,995 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 10.1 in 2020. Staff pay was 27% 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 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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