Friends Of The Polk County Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 312,257 | 2,005 | 310,252 | 1971.8 | 0% |
| 2021 | 87,089 | 13,796 | 73,293 | 403.0 | 0% |
| 2022 | 235,877 | 140,920 | 94,957 | 42.0 | 0% |
| 2023 | 89,290 | 137,318 | −48,028 | 42.1 | 0% |
In its most recent public year (2023), this organization spent $48,028 more than it brought in. Its reserves stood at about 42.1 months of spending, down from 1971.8 in 2020. Staff pay was 0% of spending. $38,505 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
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