Round Top Library Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 213,571 | 175,772 | 37,799 | 136.9 | 22% |
| 2021 | 255,089 | 175,051 | 80,038 | 143.0 | 25% |
| 2022 | 338,338 | 251,790 | 86,548 | 103.6 | 31% |
| 2023 | 360,937 | 352,892 | 8,045 | 74.1 | 42% |
In its most recent public year (2023), this organization brought in $8,045 more than it spent. Its reserves stood at about 74.1 months of spending, down from 136.9 in 2020. Staff pay was 42% of spending. $333,700 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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