B B Comer Memorial Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 137,802 | 31,927 | 105,875 | 425.2 | 0% |
| 2021 | 139,577 | 40,078 | 99,499 | 368.5 | 0% |
| 2022 | 123,130 | 61,235 | 61,895 | 253.3 | 0% |
| 2023 | 160,390 | 46,152 | 114,238 | 365.8 | 0% |
In its most recent public year (2023), this organization brought in $114,238 more than it spent. Its reserves stood at about 365.8 months of spending, down from 425.2 in 2020. Staff pay was 0% of spending. $174,000 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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