Mineola Memorial Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 620,115 | 218,786 | 401,329 | 176.0 | 45% |
| 2020 | 377,994 | 212,447 | 165,547 | 190.7 | 44% |
| 2021 | 612,715 | 267,737 | 344,978 | 166.7 | 39% |
| 2022 | −200,883 | 248,381 | −449,264 | 158.0 | 43% |
| 2023 | 704,436 | 248,618 | 455,818 | 179.9 | 48% |
In its most recent public year (2023), this organization brought in $455,818 more than it spent. Its reserves stood at about 179.9 months of spending, up from 176 in 2019. Staff pay was 48% 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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