Adams Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,615,848 | 20,615,848 | 0 | 8.8 | 0% |
| 2012 | 20,741,445 | 20,621,479 | 119,966 | 8.9 | 0% |
| 2013 | 22,288,003 | 20,767,625 | 1,520,378 | 9.7 | 0% |
| 2014 | 22,794,453 | 22,349,699 | 444,754 | 9.2 | 0% |
| 2015 | 22,866,034 | 21,694,487 | 1,171,547 | 10.2 | 1% |
| 2016 | 23,065,928 | 21,802,662 | 1,263,266 | 10.8 | 1% |
| 2017 | 23,499,435 | 22,015,970 | 1,483,465 | 11.5 | 1% |
| 2018 | 24,756,557 | 24,756,557 | 0 | 10.6 | 2% |
| 2019 | 25,451,083 | 25,451,083 | 0 | 11.0 | 2% |
| 2020 | 24,279,830 | 24,279,830 | 0 | 12.2 | 2% |
| 2021 | 24,960,832 | 24,960,832 | 0 | 12.6 | 2% |
| 2022 | 26,550,065 | 26,550,065 | 0 | 12.5 | 2% |
| 2023 | 28,115,186 | 28,115,186 | 0 | 12.5 | 2% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 12.5 months of spending, up from 8.8 in 2011. Staff pay was 2% 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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