Placentia Library Friends Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 91,561 | 50,723 | 40,838 | 57.8 | — |
| 2013 | 96,840 | 49,423 | 47,417 | 70.9 | — |
| 2014 | 103,060 | 198,123 | −95,063 | 11.9 | — |
| 2015 | 94,258 | 55,589 | 38,669 | 50.8 | — |
| 2016 | 109,337 | 49,495 | 59,842 | 71.6 | — |
| 2017 | 111,899 | 53,134 | 58,765 | 80.0 | — |
| 2018 | 89,810 | 79,621 | 10,189 | 54.9 | — |
| 2019 | 132,980 | 111,297 | 21,683 | 41.6 | — |
| 2020 | 111,986 | 305,107 | −193,121 | 7.6 | 0% |
| 2021 | 70,016 | 28,370 | 41,646 | 99.2 | — |
| 2022 | 72,956 | 44,451 | 28,505 | 71.0 | — |
| 2023 | 76,125 | 100,786 | −24,661 | 28.4 | — |
| 2024 | 86,756 | 166,237 | −79,481 | 11.5 | — |
In its most recent public year (2024), this organization spent $79,481 more than it brought in. Its reserves stood at about 11.5 months of spending, down from 57.8 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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