Trustees And Friends Of Freeman Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 90,015 | 77,429 | 12,586 | 33.3 | — |
| 2013 | 87,298 | 101,504 | −14,206 | 23.7 | — |
| 2014 | 79,123 | 102,168 | −23,045 | 20.9 | — |
| 2015 | 81,481 | 85,821 | −4,340 | 24.2 | — |
| 2016 | 88,417 | 88,605 | −188 | 23.4 | — |
| 2017 | 86,716 | 82,320 | 4,396 | 25.9 | — |
| 2018 | 78,425 | 85,508 | −7,083 | 23.9 | — |
| 2019 | 84,782 | 72,557 | 12,225 | 23.8 | — |
| 2020 | 68,806 | 54,214 | 14,592 | 37.7 | — |
| 2021 | 23,452 | 9,046 | 14,406 | 242.5 | — |
| 2022 | 56,573 | 63,255 | −6,682 | 33.4 | — |
| 2023 | 65,076 | 46,577 | 18,499 | 50.1 | — |
| 2024 | 70,627 | 55,228 | 15,399 | 45.6 | — |
In its most recent public year (2024), this organization brought in $15,399 more than it spent. Its reserves stood at about 45.6 months of spending, up from 33.3 in 2012.
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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