Friends Of The Truckee Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 122,596 | 34,821 | 87,775 | 95.9 | — |
| 2021 | 347,813 | 55,318 | 292,495 | 123.9 | 0% |
| 2022 | 295,173 | 107,358 | 187,815 | 84.4 | 27% |
| 2023 | 546,464 | 157,348 | 389,116 | 87.4 | 62% |
In its most recent public year (2023), this organization brought in $389,116 more than it spent. Its reserves stood at about 87.4 months of spending, down from 95.9 in 2020. Staff pay was 62% of spending. $799,070 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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