Fayette County Memorial Library Endowment Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 227,523 | 234,974 | −7,451 | 189.1 | 0% |
| 2021 | 272,756 | 137,650 | 135,106 | 370.2 | 0% |
| 2022 | 104,085 | 206,000 | −101,915 | 212.1 | 0% |
| 2023 | 118,304 | 186,075 | −67,771 | 252.4 | 0% |
In its most recent public year (2023), this organization spent $67,771 more than it brought in. Its reserves stood at about 252.4 months of spending, up from 189.1 in 2020. Staff pay was 0% 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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