Fairfield Library Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 91,631 | 72,438 | 19,193 | 129.4 | 49% |
| 2012 | 85,485 | 63,862 | 21,623 | 150.9 | 58% |
| 2013 | 102,107 | 72,803 | 29,304 | 137.2 | 55% |
| 2014 | 115,495 | 80,783 | 34,712 | 128.8 | 53% |
| 2015 | 95,040 | 94,581 | 459 | 110.0 | 42% |
| 2016 | 108,323 | 82,755 | 25,568 | 129.5 | 43% |
| 2017 | 117,920 | 92,042 | 25,878 | 119.8 | 43% |
| 2018 | 97,265 | 96,773 | 492 | 114.0 | 48% |
| 2019 | 124,051 | 103,968 | 20,083 | 108.4 | 46% |
| 2020 | 112,229 | 92,629 | 19,600 | 124.2 | 52% |
| 2021 | 98,205 | 111,843 | −13,638 | 112.4 | 45% |
| 2022 | 42,373 | 102,333 | −59,960 | 115.9 | 51% |
| 2023 | 56,698 | 111,074 | −54,376 | 100.9 | 49% |
In its most recent public year (2023), this organization spent $54,376 more than it brought in. Its reserves stood at about 100.9 months of spending, down from 129.4 in 2011. Staff pay was 49% 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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