Ridgefield Library Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,270,525 | 2,677,746 | 2,592,779 | 59.1 | 43% |
| 2012 | 7,917,539 | 2,659,173 | 5,258,366 | 83.7 | 45% |
| 2013 | 2,399,469 | 2,827,491 | −428,022 | 78.9 | 42% |
| 2014 | 8,547,765 | 2,883,555 | 5,664,210 | 101.6 | 45% |
| 2015 | 3,042,099 | 3,272,403 | −230,304 | 87.1 | 42% |
| 2016 | 2,941,548 | 3,393,071 | −451,523 | 81.7 | 42% |
| 2017 | 2,955,932 | 3,483,126 | −527,194 | 78.9 | 41% |
| 2018 | 2,906,807 | 3,544,500 | −637,693 | 76.6 | 42% |
| 2019 | 3,420,581 | 3,571,499 | −150,918 | 75.7 | 42% |
| 2020 | 2,826,298 | 3,341,752 | −515,454 | 77.7 | 46% |
| 2021 | 3,459,736 | 3,413,626 | 46,110 | 80.1 | 46% |
| 2022 | 3,418,697 | 3,586,971 | −168,274 | 71.8 | 45% |
| 2023 | 3,186,050 | 3,790,042 | −603,992 | 66.8 | 46% |
In its most recent public year (2023), this organization spent $603,992 more than it brought in. Its reserves stood at about 66.8 months of spending, up from 59.1 in 2011. Staff pay was 46% of spending. $2,073,557 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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