Friends Of The Loveland Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 723,970 | 1,282,003 | −558,033 | 1.5 | 0% |
| 2012 | 91,114 | 81,449 | 9,665 | 24.9 | — |
| 2013 | 81,295 | 59,136 | 22,159 | 38.8 | — |
| 2014 | 78,793 | 62,982 | 15,811 | 39.4 | — |
| 2015 | 84,297 | 67,380 | 16,917 | 39.9 | — |
| 2016 | 102,306 | 76,503 | 25,803 | 39.2 | — |
| 2017 | 94,023 | 78,658 | 15,365 | 40.4 | — |
| 2018 | 118,888 | 105,532 | 13,356 | 31.7 | — |
| 2019 | 128,124 | 108,719 | 19,405 | 32.9 | — |
| 2020 | 133,719 | 86,317 | 47,402 | 48.0 | — |
| 2021 | 118,558 | 57,062 | 61,496 | 85.5 | — |
| 2022 | 93,134 | 66,363 | 26,771 | 78.8 | 0% |
| 2023 | 249,770 | 70,121 | 179,649 | 109.9 | 0% |
In its most recent public year (2023), this organization brought in $179,649 more than it spent. Its reserves stood at about 109.9 months of spending, up from 1.5 in 2011. Staff pay was 0% of spending. $123,854 of its net assets are donor-restricted.
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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