Friends Of The Rolling Hills Consolidated Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 43,482 | 28,701 | 14,781 | 42.1 | — |
| 2022 | 66,761 | 67,595 | −834 | 17.7 | — |
| 2023 | 61,437 | 56,094 | 5,343 | 22.5 | — |
| 2024 | 61,363 | 70,689 | −9,326 | 16.3 | — |
In its most recent public year (2024), this organization spent $9,326 more than it brought in. Its reserves stood at about 16.3 months of spending, down from 42.1 in 2021.
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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