Friends Of The Fairhope Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 47,094 | 45,325 | 1,769 | 0.7 | — |
| 2012 | 53,963 | 55,369 | −1,406 | 0.3 | — |
| 2013 | 46,770 | 45,828 | 942 | 0.6 | — |
| 2014 | 50,513 | 45,985 | 4,528 | 4.2 | — |
| 2015 | 42,439 | 47,191 | −4,752 | 2.9 | — |
| 2016 | 58,215 | 49,721 | 8,494 | 4.8 | — |
| 2017 | 72,795 | 70,039 | 2,756 | 3.9 | — |
| 2018 | 67,120 | 69,359 | −2,239 | 4.6 | — |
| 2019 | 70,112 | 68,724 | 1,388 | 4.9 | — |
| 2020 | 68,769 | 70,614 | −1,845 | 4.4 | — |
| 2021 | 66,441 | 42,626 | 23,815 | 14.0 | — |
| 2022 | 515,069 | 95,185 | 419,884 | 59.2 | 0% |
| 2023 | 373,736 | 67,454 | 306,282 | 138.0 | 0% |
In its most recent public year (2023), this organization brought in $306,282 more than it spent. Its reserves stood at about 138 months of spending, up from 0.7 in 2011. Staff pay was 0% of spending. $700,269 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
Friends Of The Fairhope Library's IRS filings as a feed — one entry per filing year, through 2023. 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