Friends Of The Largo Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 78,253 | 73,304 | 4,949 | 47.1 | — |
| 2012 | 69,930 | 26,664 | 43,266 | 148.9 | — |
| 2013 | 67,542 | 250,254 | −182,712 | 7.1 | — |
| 2014 | 70,193 | 31,065 | 39,128 | 72.3 | — |
| 2015 | 64,760 | 59,715 | 5,045 | 38.6 | — |
| 2016 | 70,267 | 74,597 | −4,330 | 30.2 | — |
| 2017 | 70,783 | 72,075 | −1,292 | 31.1 | — |
| 2018 | 77,240 | 76,666 | 574 | 29.3 | — |
| 2019 | 71,572 | 44,251 | 27,321 | 58.2 | — |
| 2020 | 55,246 | 43,212 | 12,034 | 62.9 | — |
| 2021 | 65,413 | 28,554 | 36,859 | 110.7 | — |
| 2022 | 183,969 | 41,263 | 142,706 | 118.1 | 0% |
| 2023 | 173,460 | 66,457 | 107,003 | 92.7 | 0% |
In its most recent public year (2023), this organization brought in $107,003 more than it spent. Its reserves stood at about 92.7 months of spending, up from 47.1 in 2011. 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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