Independence County Library Friends Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 142,571 | 82,002 | 60,569 | 8.9 | — |
| 2018 | 196,359 | 179,528 | 16,831 | 5.2 | — |
| 2019 | 108,860 | 76,372 | 32,488 | 7.3 | — |
| 2020 | 74,109 | 85,663 | −11,554 | 4.9 | — |
| 2021 | 92,260 | 12,072 | 80,188 | 114.4 | — |
| 2022 | 22,810 | 5,996 | 16,814 | 264.0 | — |
| 2023 | 33,742 | 18,953 | 14,789 | 94.8 | — |
In its most recent public year (2023), this organization brought in $14,789 more than it spent. Its reserves stood at about 94.8 months 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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