Friends Of Transylvania County Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,647 | 46,807 | 1,840 | 32.7 | — |
| 2012 | 79,838 | 56,642 | 23,196 | 32.0 | — |
| 2013 | 172,451 | 53,232 | 119,219 | 60.9 | — |
| 2014 | 51,744 | 54,639 | −2,895 | 58.7 | — |
| 2015 | 60,044 | 54,655 | 5,389 | 59.9 | — |
| 2016 | 50,996 | 53,289 | −2,293 | 60.9 | — |
| 2017 | 73,287 | 55,272 | 18,015 | 62.6 | — |
| 2018 | 57,327 | 51,208 | 6,119 | 62.4 | — |
| 2019 | 66,005 | 62,766 | 3,239 | 58.4 | — |
| 2020 | 55,826 | 25,024 | 30,802 | 165.8 | — |
| 2021 | 79,990 | 36,710 | 43,280 | 133.4 | — |
| 2022 | 70,179 | 84,213 | −14,034 | 46.6 | — |
| 2023 | 105,270 | 94,831 | 10,439 | 48.8 | — |
In its most recent public year (2023), this organization brought in $10,439 more than it spent. Its reserves stood at about 48.8 months of spending, up from 32.7 in 2011.
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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