Isle Au Haut Electric Power Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 127,190 | 132,991 | −5,801 | 33.3 | 41% |
| 2021 | 166,645 | 136,318 | 30,327 | 35.2 | 42% |
| 2022 | 103,901 | 110,115 | −6,214 | 42.9 | 43% |
| 2023 | 120,547 | 108,665 | 11,882 | 44.7 | 45% |
In its most recent public year (2023), this organization brought in $11,882 more than it spent. Its reserves stood at about 44.7 months of spending, up from 33.3 in 2020. Staff pay was 45% 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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