Friends Of Libraries And Literacy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 76,147 | 63,563 | 12,584 | 113.4 | — |
| 2011 | 73,571 | 131,455 | −57,884 | 42.0 | — |
| 2012 | 63,129 | 54,483 | 8,646 | 103.3 | — |
| 2013 | 53,217 | 73,584 | −20,367 | 73.2 | — |
| 2014 | 197,502 | 78,878 | 118,624 | 86.3 | 0% |
| 2015 | 52,438 | 139,850 | −87,412 | 40.7 | — |
| 2016 | 46,186 | 57,727 | −11,541 | 97.4 | — |
| 2017 | 53,802 | 75,597 | −21,795 | 78.0 | — |
| 2018 | 52,251 | 76,817 | −24,566 | 76.1 | — |
| 2019 | 59,963 | 63,800 | −3,837 | 90.9 | — |
| 2020 | 48,565 | 45,193 | 3,372 | 129.2 | — |
| 2021 | 71,700 | 47,378 | 24,322 | 129.4 | 14% |
| 2022 | 72,049 | 99,683 | −27,634 | 58.2 | — |
| 2023 | 79,607 | 92,010 | −12,403 | 64.7 | — |
In its most recent public year (2023), this organization spent $12,403 more than it brought in. Its reserves stood at about 64.7 months of spending, down from 113.4 in 2010.
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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