Laconner Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 99,938 | 18,517 | 81,421 | 109.1 | — |
| 2016 | 4,580 | 14,841 | −10,261 | 205.6 | — |
| 2017 | 12,692 | 12,641 | 51 | 262.9 | — |
| 2018 | 45,549 | 18,756 | 26,793 | 271.0 | — |
| 2019 | 327,995 | 16,329 | 311,666 | 560.3 | 0% |
| 2020 | 313,983 | 324,229 | −10,246 | 27.8 | 0% |
| 2021 | 224,516 | 711,320 | −486,804 | 4.8 | 0% |
| 2022 | 162,784 | 169,620 | −6,836 | 18.7 | 0% |
| 2023 | 61,770 | 264,954 | −203,184 | 2.7 | 0% |
| 2024 | 63,225 | 55,567 | 7,658 | 14.8 | 0% |
In its most recent public year (2024), this organization brought in $7,658 more than it spent. Its reserves stood at about 14.8 months of spending, down from 109.1 in 2014. Staff pay was 0% of spending. $9,161 of its net assets are donor-restricted.
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 2024. 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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