Friends Of The Orcutt Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,163,732 | 83,826 | 2,079,906 | 303.7 | 0% |
| 2022 | 216,923 | 45,200 | 171,723 | 607.3 | 0% |
| 2023 | 59,261 | 51,829 | 7,432 | 490.9 | 0% |
In its most recent public year (2023), this organization brought in $7,432 more than it spent. Its reserves stood at about 490.9 months of spending, up from 303.7 in 2021. Staff pay was 0% 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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