Bovina Public Library Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 41,737 | 555 | 41,182 | 890.4 | 0% |
| 2019 | 2,033 | 1,312 | 721 | 383.3 | 0% |
| 2020 | 22,563 | 1,513 | 21,050 | 498.6 | 0% |
| 2021 | 25,057 | 1,679 | 23,378 | 616.5 | 24% |
| 2022 | 3,461 | 3,025 | 436 | 343.8 | — |
| 2023 | 4,618 | 3,420 | 1,198 | 308.0 | — |
In its most recent public year (2023), this organization brought in $1,198 more than it spent. Its reserves stood at about 308 months of spending, down from 890.4 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 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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