Cobb Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 87,499 | 108,805 | −21,306 | 23.4 | — |
| 2013 | 88,862 | 88,850 | 12 | 24.9 | — |
| 2014 | 82,299 | 67,028 | 15,271 | 35.8 | — |
| 2015 | 219,213 | 184,153 | 35,060 | 13.7 | 30% |
| 2016 | 27,057 | 70,165 | −43,108 | 28.5 | 36% |
| 2017 | 161,227 | 152,574 | 8,653 | 13.7 | 0% |
| 2018 | 124,798 | 101,310 | 23,488 | 23.4 | 0% |
| 2019 | 35,158 | 61,789 | −26,631 | 33.2 | 0% |
| 2020 | 82,139 | 97,274 | −15,135 | 19.6 | 0% |
| 2023 | 76,663 | 83,861 | −7,198 | 26.9 | 0% |
In its most recent public year (2023), this organization spent $7,198 more than it brought in. Its reserves stood at about 26.9 months of spending, up from 23.4 in 2012. Staff pay was 0% of spending. $1,855 of its net assets are donor-restricted.
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
Cobb Library Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works