Franklin County Water Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,846,683 | 1,527,632 | 319,051 | 34.4 | 23% |
| 2021 | 1,825,208 | 1,554,774 | 270,434 | 35.9 | 24% |
| 2022 | 1,870,724 | 1,657,277 | 213,447 | 35.2 | 24% |
| 2023 | 1,880,025 | 1,713,183 | 166,842 | 35.2 | 25% |
In its most recent public year (2023), this organization brought in $166,842 more than it spent. Its reserves stood at about 35.2 months of spending. Staff pay was 25% 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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