Friends Of African Village Libraries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 59,649 | 64,337 | −4,688 | 16.2 | — |
| 2020 | 65,733 | 68,124 | −2,391 | 14.9 | — |
| 2021 | 175,099 | 63,172 | 111,927 | 37.3 | — |
| 2022 | 80,011 | 76,775 | 3,236 | 31.2 | 0% |
| 2023 | 67,057 | 61,681 | 5,376 | 39.9 | 0% |
In its most recent public year (2023), this organization brought in $5,376 more than it spent. Its reserves stood at about 39.9 months of spending, up from 16.2 in 2019. 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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