Norfolk Law Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 287,690 | 276,301 | 11,389 | 81.9 | 39% |
| 2012 | 273,764 | 275,392 | −1,628 | 82.1 | 39% |
| 2013 | 274,759 | 273,599 | 1,160 | 82.6 | 39% |
| 2014 | 275,770 | 267,674 | 8,096 | 84.8 | 38% |
| 2015 | 260,854 | 290,247 | −29,393 | 77.0 | 43% |
| 2016 | 260,580 | 242,663 | 17,917 | 93.0 | 33% |
| 2017 | 248,692 | 268,918 | −20,226 | 83.0 | 43% |
| 2018 | 229,529 | 218,058 | 11,471 | 103.0 | 53% |
| 2019 | 215,632 | 207,787 | 7,845 | 108.6 | 58% |
| 2020 | 196,589 | 191,868 | 4,721 | 117.9 | 54% |
| 2021 | 222,674 | 179,680 | 42,994 | 128.7 | 49% |
| 2022 | 137,528 | 149,308 | −11,780 | 154.0 | 42% |
| 2023 | 206,174 | 189,596 | 16,578 | 122.3 | 47% |
In its most recent public year (2023), this organization brought in $16,578 more than it spent. Its reserves stood at about 122.3 months of spending, up from 81.9 in 2011. Staff pay was 47% 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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