Scoville Memorial Library Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 718,676 | 556,060 | 162,616 | 110.8 | 0% |
| 2021 | 691,759 | 555,415 | 136,344 | 129.4 | 40% |
| 2022 | 1,204,427 | 607,987 | 596,440 | 108.0 | 37% |
| 2023 | 1,026,695 | 631,483 | 395,212 | 116.8 | 12% |
In its most recent public year (2023), this organization brought in $395,212 more than it spent. Its reserves stood at about 116.8 months of spending, up from 110.8 in 2020. Staff pay was 12% of spending. $151,343 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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