Maine Renewable Energy Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 390,846 | 339,494 | 51,352 | 2.7 | 0% |
| 2012 | 295,639 | 288,084 | 7,555 | 3.5 | 0% |
| 2013 | 292,230 | 267,037 | 25,193 | 4.9 | 0% |
| 2014 | 261,318 | 332,133 | −70,815 | 1.4 | 0% |
| 2015 | 289,914 | 291,066 | −1,152 | 1.6 | 0% |
| 2016 | 214,132 | 175,246 | 38,886 | 5.3 | 0% |
| 2017 | 233,932 | 251,839 | −17,907 | 2.8 | 0% |
| 2018 | 234,070 | 231,534 | 2,536 | 3.2 | 0% |
| 2019 | 258,556 | 257,333 | 1,223 | 2.9 | 0% |
| 2020 | 253,611 | 263,567 | −9,956 | 2.4 | 0% |
| 2021 | 388,116 | 235,638 | 152,478 | 10.5 | 0% |
| 2022 | 397,860 | 281,545 | 116,315 | 13.7 | 0% |
| 2023 | 335,722 | 264,806 | 70,916 | 17.8 | 10% |
In its most recent public year (2023), this organization brought in $70,916 more than it spent. Its reserves stood at about 17.8 months of spending, up from 2.7 in 2011. Staff pay was 10% 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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