Friends Of The Herman Brown Free Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 218,078 | 215,024 | 3,054 | 19.2 | 53% |
| 2022 | 218,730 | 210,007 | 8,723 | 20.1 | 55% |
| 2023 | 192,968 | 222,386 | −29,418 | 17.4 | 54% |
In its most recent public year (2023), this organization spent $29,418 more than it brought in. Its reserves stood at about 17.4 months of spending, down from 19.2 in 2021. Staff pay was 54% 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 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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