Friends Of The Grand County Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,234 | 33,049 | −815 | 1.3 | — |
| 2012 | 37,514 | 37,793 | −279 | 1.0 | — |
| 2013 | 47,988 | 3,577 | 44,411 | 160.1 | — |
| 2015 | 39,563 | 47,017 | −7,454 | 9.8 | — |
| 2017 | 47,343 | 54,379 | −7,036 | 9.2 | — |
| 2018 | 58,533 | 37,699 | 20,834 | 20.2 | — |
| 2019 | 29,460 | 33,980 | −4,520 | 20.8 | — |
| 2020 | 13,652 | 25,940 | −12,288 | 21.5 | — |
In its most recent public year (2020), this organization spent $12,288 more than it brought in. Its reserves stood at about 21.5 months of spending, up from 1.3 in 2011.
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 2020. 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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