Midwest Renewable Energy Tracking System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,494,099 | 832,032 | 662,067 | 9.5 | 5% |
| 2012 | 1,076,692 | 1,009,435 | 67,257 | 8.7 | 12% |
| 2013 | 1,001,797 | 1,051,411 | −49,614 | 7.8 | 16% |
| 2014 | 991,077 | 1,016,836 | −25,759 | 7.7 | 23% |
| 2015 | 1,001,443 | 1,326,150 | −324,707 | 3.0 | 23% |
| 2016 | 1,220,760 | 1,017,512 | 203,248 | 6.3 | 33% |
| 2017 | 1,636,080 | 1,117,610 | 518,470 | 11.3 | 33% |
| 2018 | 1,779,153 | 1,130,167 | 648,986 | 18.0 | 37% |
| 2019 | 1,734,505 | 1,382,723 | 351,782 | 17.8 | 35% |
| 2020 | 1,876,654 | 1,694,486 | 182,168 | 15.8 | 45% |
| 2021 | 2,339,701 | 1,749,594 | 590,107 | 19.4 | 41% |
| 2022 | 5,848,672 | 3,821,607 | 2,027,065 | 15.2 | 39% |
| 2023 | 5,670,609 | 6,032,945 | −362,336 | 8.9 | 43% |
In its most recent public year (2023), this organization spent $362,336 more than it brought in. Its reserves stood at about 8.9 months of spending. Staff pay was 43% 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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