Panhandle Library Access Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,127,313 | 1,088,421 | 38,892 | 3.0 | 21% |
| 2021 | 679,786 | 609,181 | 70,605 | 6.7 | 36% |
| 2022 | 1,308,597 | 1,218,885 | 89,712 | 4.2 | 20% |
| 2023 | 953,941 | 907,929 | 46,012 | 6.3 | 25% |
In its most recent public year (2023), this organization brought in $46,012 more than it spent. Its reserves stood at about 6.3 months of spending, up from 3 in 2020. Staff pay was 25% 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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