Guernsey-Muskingum Electric Coop
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 36,293,232 | 33,139,696 | 3,153,536 | 16.8 | 8% |
| 2020 | 36,924,566 | 33,868,012 | 3,056,554 | 17.1 | 8% |
| 2021 | 38,264,005 | 35,749,759 | 2,514,246 | 16.6 | 7% |
| 2022 | 40,642,443 | 37,930,000 | 2,712,443 | 16.1 | 7% |
| 2023 | 40,992,240 | 37,397,539 | 3,594,701 | 17.1 | 7% |
In its most recent public year (2023), this organization brought in $3,594,701 more than it spent. Its reserves stood at about 17.1 months of spending. Staff pay was 7% 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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