Friends Of The Foster City Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,027 | 44,085 | 3,942 | 15.0 | — |
| 2012 | 50,164 | 29,630 | 20,534 | 30.7 | — |
| 2013 | 35,792 | 25,239 | 10,553 | 41.0 | — |
| 2014 | 31,377 | 24,667 | 6,710 | 45.2 | — |
| 2015 | 46,598 | 25,009 | 21,589 | 55.0 | — |
| 2016 | 53,918 | 30,961 | 22,957 | 53.3 | — |
| 2017 | 44,831 | 31,295 | 13,536 | 57.9 | — |
| 2018 | 47,521 | 26,921 | 20,600 | 76.5 | — |
| 2019 | 40,668 | 22,705 | 17,963 | 100.2 | — |
| 2020 | 34,387 | 17,456 | 16,931 | 142.0 | — |
| 2021 | 23,137 | 1,418 | 21,719 | 1932.1 | — |
| 2022 | 30,218 | 12,806 | 17,412 | 230.3 | — |
| 2023 | 54,153 | 11,152 | 43,001 | 310.7 | — |
In its most recent public year (2023), this organization brought in $43,001 more than it spent. Its reserves stood at about 310.7 months of spending, up from 15 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 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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