Friends Of The Gulf Gate Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 114,658 | 49,603 | 65,055 | 123.1 | 0% |
| 2012 | 88,537 | 46,250 | 42,287 | 143.0 | 0% |
| 2013 | 37,747 | 327,273 | −289,526 | 9.8 | — |
| 2014 | 89,142 | 289,848 | −200,706 | 2.7 | — |
| 2015 | 59,722 | 52,319 | 7,403 | 16.9 | — |
| 2016 | 55,489 | 24,367 | 31,122 | 51.6 | — |
| 2017 | 154,741 | 33,620 | 121,121 | 80.7 | — |
| 2018 | 51,228 | 28,730 | 22,498 | 103.8 | — |
| 2019 | 68,404 | 32,485 | 35,919 | 105.1 | — |
| 2020 | 20,747 | 24,615 | −3,868 | 136.8 | — |
| 2021 | 50,019 | 63,949 | −13,930 | 50.0 | — |
| 2022 | 46,421 | 25,579 | 20,842 | 134.9 | — |
In its most recent public year (2022), this organization brought in $20,842 more than it spent. Its reserves stood at about 134.9 months of spending, up from 123.1 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 2022. 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
Friends Of The Gulf Gate Library Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works