Friends Of The Air Force Academy Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 15,042 | 107,954 | −92,912 | 185.4 | 0% |
| 2022 | 11,085 | 121,210 | −110,125 | 130.1 | 0% |
| 2023 | 26,879 | 134,400 | −107,521 | 125.6 | 0% |
| 2024 | 27,438 | 162,336 | −134,898 | 112.7 | 0% |
In its most recent public year (2024), this organization spent $134,898 more than it brought in. Its reserves stood at about 112.7 months of spending, down from 185.4 in 2021. 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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