Menard Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 31,532,658 | 30,021,246 | 1,511,412 | 11.7 | 0% |
| 2020 | 30,149,419 | 30,149,419 | 0 | 12.1 | 5% |
| 2021 | 31,370,231 | 31,370,231 | 0 | 12.4 | 5% |
| 2022 | 31,796,337 | 31,796,337 | 0 | 12.5 | 5% |
| 2023 | 35,313,108 | 35,313,108 | 0 | 11.8 | 4% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 11.8 months of spending. Staff pay was 4% 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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