Rea Energy Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 25,029,088 | 19,313,720 | 5,715,368 | 40.6 | 3% |
| 2021 | 26,641,958 | 19,638,480 | 7,003,478 | 44.2 | 3% |
| 2022 | 26,123,368 | 19,569,761 | 6,553,607 | 48.3 | 3% |
| 2023 | 53,733,786 | 50,094,653 | 3,639,133 | 19.8 | 1% |
In its most recent public year (2023), this organization brought in $3,639,133 more than it spent. Its reserves stood at about 19.8 months of spending, down from 40.6 in 2020. Staff pay was 1% 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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