Morgantown Friends Of The Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,394 | 0 | 6,394 | — | — |
| 2012 | 7,324 | 0 | 7,324 | — | — |
| 2013 | 8,009 | 0 | 8,009 | — | — |
| 2014 | 10,367 | 0 | 10,367 | — | — |
| 2015 | 8,898 | 0 | 8,898 | — | — |
| 2016 | 7,474 | 0 | 7,474 | — | — |
| 2017 | 7,862 | 0 | 7,862 | — | — |
| 2018 | 7,185 | 0 | 7,185 | — | — |
| 2019 | 7,446 | 0 | 7,446 | — | — |
| 2020 | 3,766 | 2,073 | 1,693 | 30.5 | — |
| 2021 | 212 | 0 | 212 | — | — |
| 2022 | 5,044 | 5 | 5,039 | 13267.2 | — |
| 2023 | 5,660 | 12 | 5,648 | 6176.0 | — |
In its most recent public year (2023), this organization brought in $5,648 more than it spent. Its reserves stood at about 6176 months 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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