Friends Of The Library Of Rio Rancho Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 49,768 | 46,552 | 3,216 | 30.1 | — |
| 2022 | 93,812 | 60,653 | 33,159 | 29.6 | — |
| 2023 | 105,686 | 89,237 | 16,449 | 22.4 | — |
| 2024 | 152,083 | 142,535 | 9,548 | 14.8 | — |
In its most recent public year (2024), this organization brought in $9,548 more than it spent. Its reserves stood at about 14.8 months of spending, down from 30.1 in 2021.
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 2024. 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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