Friends Of The Library Of Los Altos And Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 146,847 | 140,894 | 5,953 | 32.6 | — |
| 2012 | 127,105 | 124,326 | 2,779 | 38.2 | — |
| 2013 | 135,008 | 99,031 | 35,977 | 55.3 | — |
| 2014 | 148,976 | 129,900 | 19,076 | 47.9 | 0% |
| 2015 | 153,634 | 114,633 | 39,001 | 57.4 | 0% |
| 2016 | 179,735 | 142,100 | 37,635 | 49.4 | 0% |
| 2017 | 190,943 | 157,385 | 33,558 | 49.8 | 0% |
| 2018 | 201,491 | 195,275 | 6,216 | 41.9 | 0% |
| 2019 | 222,845 | 155,802 | 67,043 | 57.2 | 0% |
| 2020 | 180,686 | 163,747 | 16,939 | 55.6 | 0% |
| 2021 | 96,218 | 40,580 | 55,638 | 280.4 | 0% |
| 2022 | 224,708 | 78,929 | 145,779 | 148.7 | 0% |
| 2023 | 243,903 | 140,039 | 103,864 | 97.9 | 0% |
In its most recent public year (2023), this organization brought in $103,864 more than it spent. Its reserves stood at about 97.9 months of spending, up from 32.6 in 2011. 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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