Guilford Free Public Library Asso Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 472,637 | 463,541 | 9,096 | 23.4 | 0% |
| 2021 | 394,600 | 380,685 | 13,915 | 29.0 | 0% |
| 2022 | 448,323 | 472,208 | −23,885 | 22.8 | 0% |
| 2023 | 429,041 | 461,965 | −32,924 | 22.4 | 0% |
| 2024 | 460,506 | 494,760 | −34,254 | 23.4 | 0% |
In its most recent public year (2024), this organization spent $34,254 more than it brought in. Its reserves stood at about 23.4 months of spending. 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
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