Elmer P & Jewel Ward Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 24,349 | 17,775 | 6,574 | 25.4 | — |
| 2020 | 18,268 | 2,666 | 15,602 | 239.4 | — |
| 2021 | 189 | 2,137 | −1,948 | 287.7 | — |
| 2022 | 0 | 2,476 | −2,476 | 236.3 | — |
In its most recent public year (2022), this organization spent $2,476 more than it brought in. Its reserves stood at about 236.3 months of spending, up from 25.4 in 2019.
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 2022. 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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