Holmdel Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 406,800 | 149,844 | 256,956 | 20.6 | 0% |
| 2018 | 16,000 | 5,874 | 10,126 | 545.6 | 0% |
| 2019 | 0 | 54,799 | −54,799 | 46.5 | 0% |
| 2020 | 28 | 77,585 | −77,557 | 20.8 | 0% |
| 2023 | 1 | 64,778 | −64,777 | 12.8 | — |
In its most recent public year (2023), this organization spent $64,777 more than it brought in. Its reserves stood at about 12.8 months of spending, down from 20.6 in 2017.
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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