Friends Of The Watertown Library Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 26,085 | 26,229 | −144 | 9.0 | 0% |
| 2013 | 18,138 | 17,916 | 222 | 13.4 | 0% |
| 2014 | 49,511 | 51,210 | −1,699 | 4.3 | 0% |
| 2015 | 25,020 | 22,865 | 2,155 | 10.7 | 0% |
| 2016 | 15,829 | 21,882 | −6,053 | 7.9 | 0% |
| 2017 | 27,126 | 25,182 | 1,944 | 7.8 | 0% |
| 2018 | 18,769 | 16,427 | 2,342 | 13.6 | 0% |
| 2019 | 5,727 | 4,814 | 913 | 48.8 | 0% |
| 2020 | 3,864 | 6,441 | −2,577 | 31.7 | 0% |
| 2021 | 10,169 | 4,069 | 6,100 | 68.1 | 0% |
| 2022 | 16,500 | 23,606 | −7,106 | 8.1 | 0% |
| 2023 | 18,275 | 21,866 | −3,591 | 6.8 | 0% |
| 2024 | 20,178 | 16,878 | 3,300 | 11.2 | 0% |
In its most recent public year (2024), this organization brought in $3,300 more than it spent. Its reserves stood at about 11.2 months of spending, up from 9 in 2012. 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 2024. 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 Watertown Library Association Inc's IRS filings as a feed — one entry per filing year, through 2024. 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