Parnell Memorial Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,531 | 18,175 | −5,644 | 176.4 | — |
| 2021 | 9,978 | 6,594 | 3,384 | 528.1 | — |
| 2022 | 9,460 | 12,688 | −3,228 | 248.1 | — |
| 2023 | 11,362 | 12,798 | −1,436 | 268.5 | — |
In its most recent public year (2023), this organization spent $1,436 more than it brought in. Its reserves stood at about 268.5 months of spending, up from 176.4 in 2020.
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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