Friends Of The W G Rhea Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,337 | 26,063 | −4,726 | 8.5 | — |
| 2012 | 19,644 | 15,083 | 4,561 | 18.3 | — |
| 2013 | 15,949 | 18,276 | −2,327 | 13.6 | — |
| 2014 | 19,690 | 20,535 | −845 | 11.6 | — |
| 2015 | 19,566 | 27,578 | −8,012 | 5.1 | — |
| 2016 | 21,180 | 25,454 | −4,274 | 3.5 | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 20,193 | 26,469 | −6,276 | 1.8 | — |
| 2019 | 22,011 | 20,260 | 1,751 | 3.4 | — |
| 2020 | 16,660 | 19,449 | −2,789 | 1.8 | — |
| 2021 | 17,516 | 14,551 | 2,965 | 4.9 | — |
| 2022 | 6,615 | 4,145 | 2,470 | 27.7 | — |
| 2023 | 8,222 | 3,172 | 5,050 | 54.4 | — |
In its most recent public year (2023), this organization brought in $5,050 more than it spent. Its reserves stood at about 54.4 months of spending, up from 8.5 in 2011.
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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