Friends Of The Groton Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 83,339 | 849 | 82,490 | 1255.0 | — |
| 2019 | 49,570 | 1,526 | 48,044 | 1225.0 | — |
| 2020 | 42,518 | 114,327 | −71,809 | 8.8 | — |
| 2021 | 11,608 | 84,823 | −73,215 | 1.5 | — |
In its most recent public year (2021), this organization spent $73,215 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 1255 in 2018.
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 2021. 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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