Tool Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 76,033 | 53,646 | 22,387 | 26.5 | — |
| 2021 | 181,550 | 70,633 | 110,917 | 40.7 | — |
| 2022 | 115,219 | 86,847 | 28,372 | 38.1 | — |
| 2023 | 240,805 | 144,713 | 96,092 | 33.6 | 43% |
In its most recent public year (2023), this organization brought in $96,092 more than it spent. Its reserves stood at about 33.6 months of spending, up from 26.5 in 2020. Staff pay was 43% 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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