Adams Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 56,700,291 | 58,382,889 | −1,682,598 | 8.8 | 13% |
| 2012 | 57,737,773 | 57,458,494 | 279,279 | 9.4 | 13% |
| 2013 | 62,971,840 | 62,275,780 | 696,060 | 9.1 | 12% |
| 2014 | 63,922,636 | 64,062,131 | −139,495 | 9.0 | 12% |
| 2015 | 65,299,466 | 64,624,197 | 675,269 | 9.6 | 12% |
| 2016 | 67,214,027 | 66,512,534 | 701,493 | 10.0 | 12% |
| 2017 | 64,850,387 | 65,294,559 | −444,172 | 10.6 | 14% |
| 2018 | 70,465,427 | 69,918,583 | 546,844 | 10.7 | 13% |
| 2019 | 69,108,645 | 69,303,949 | −195,304 | 11.7 | 13% |
| 2020 | 68,157,465 | 70,955,366 | −2,797,901 | 12.5 | 13% |
| 2021 | 70,869,610 | 74,893,746 | −4,024,136 | 13.7 | 13% |
| 2022 | 72,052,590 | 75,140,826 | −3,088,236 | 15.1 | 12% |
| 2023 | 78,385,681 | 79,616,838 | −1,231,157 | 15.2 | 12% |
In its most recent public year (2023), this organization spent $1,231,157 more than it brought in. Its reserves stood at about 15.2 months of spending, up from 8.8 in 2011. Staff pay was 12% 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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