Midwest Internet Cooperative Exchange Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 70,457 | 73,217 | −2,760 | 36.2 | — |
| 2020 | 106,194 | 45,409 | 60,785 | 75.0 | — |
| 2021 | 142,178 | 105,255 | 36,923 | 36.6 | — |
| 2022 | 196,705 | 40,323 | 156,382 | 141.9 | — |
| 2023 | 246,021 | 27,854 | 218,167 | 313.7 | 0% |
In its most recent public year (2023), this organization brought in $218,167 more than it spent. Its reserves stood at about 313.7 months of spending, up from 36.2 in 2019. Staff pay was 0% 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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