Gloversville Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,426,753 | 500,463 | 926,290 | 138.0 | 4% |
| 2015 | 1,492,794 | 317,155 | 1,175,639 | 255.8 | 7% |
| 2016 | 1,045,972 | 290,576 | 755,396 | 322.1 | 9% |
| 2017 | 287,494 | 1,980,216 | −1,692,722 | 39.3 | 1% |
| 2018 | 905,985 | 3,923,500 | −3,017,515 | 8.3 | 0% |
| 2019 | 292,455 | 175,292 | 117,163 | 237.8 | 3% |
| 2020 | 274,225 | 77,334 | 196,891 | 584.2 | 3% |
| 2021 | 588,015 | 37,023 | 550,992 | 1505.2 | 1% |
| 2022 | 170,096 | 137,812 | 32,284 | 376.9 | 0% |
| 2023 | 173,113 | 157,250 | 15,863 | 347.3 | 0% |
In its most recent public year (2023), this organization brought in $15,863 more than it spent. Its reserves stood at about 347.3 months of spending, up from 138 in 2014. Staff pay was 0% of spending. $13,847 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
Gloversville Library Foundation Inc'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