Friends Of Gilbert Libraries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 85,892 | 104,977 | −19,085 | 10.9 | — |
| 2013 | 87,052 | 87,466 | −414 | 13.1 | — |
| 2014 | 84,070 | 64,528 | 19,542 | 21.3 | — |
| 2015 | 91,189 | 109,359 | −18,170 | 10.6 | — |
| 2016 | 80,579 | 82,112 | −1,533 | 13.9 | — |
| 2017 | 84,973 | 83,977 | 996 | 13.7 | — |
| 2018 | 86,774 | 42,651 | 44,123 | 39.4 | — |
| 2019 | 96,015 | 114,451 | −18,436 | 12.8 | — |
| 2020 | 69,713 | 97,670 | −27,957 | 11.5 | — |
| 2021 | 53,636 | 37,969 | 15,667 | 34.6 | — |
| 2022 | 89,049 | 90,258 | −1,209 | 14.4 | — |
| 2023 | 108,408 | 84,778 | 23,630 | 18.7 | — |
| 2024 | 103,582 | 88,723 | 14,859 | 19.9 | — |
In its most recent public year (2024), this organization brought in $14,859 more than it spent. Its reserves stood at about 19.9 months of spending, up from 10.9 in 2012.
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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