Friends Of The American Fork Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 29,980 | 32,345 | −2,365 | 11.1 | 0% |
| 2021 | 51,067 | 33,676 | 17,391 | 17.7 | 0% |
| 2022 | 91,456 | 67,457 | 23,999 | 13.1 | 0% |
| 2023 | 77,976 | 95,460 | −17,484 | 7.1 | 0% |
In its most recent public year (2023), this organization spent $17,484 more than it brought in. Its reserves stood at about 7.1 months of spending, down from 11.1 in 2020. Staff pay was 0% 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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