Mid Century Telephone Cooperative -Inc-
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,900,414 | 6,236,525 | 663,889 | 21.1 | 20% |
| 2012 | 6,291,496 | 6,049,170 | 242,326 | 22.6 | 17% |
| 2013 | 6,714,625 | 6,352,520 | 362,105 | 22.5 | 17% |
| 2014 | 8,295,985 | 7,091,507 | 1,204,478 | 21.1 | 16% |
| 2015 | 8,843,593 | 7,392,747 | 1,450,846 | 21.4 | 16% |
| 2016 | 8,279,181 | 7,851,543 | 427,638 | 20.8 | 18% |
| 2017 | 9,608,913 | 9,624,965 | −16,052 | 19.3 | 12% |
| 2018 | 10,909,229 | 10,909,229 | 0 | 20.0 | 0% |
| 2019 | 11,300,768 | 11,300,768 | 0 | 22.7 | 0% |
| 2020 | 11,272,522 | 11,272,522 | 0 | 25.6 | 0% |
| 2021 | 10,851,505 | 10,851,505 | 0 | 28.9 | 0% |
| 2022 | 12,491,941 | 12,491,941 | 0 | 27.9 | 0% |
| 2023 | 13,206,738 | 12,472,206 | 734,532 | 30.8 | 0% |
In its most recent public year (2023), this organization brought in $734,532 more than it spent. Its reserves stood at about 30.8 months of spending, up from 21.1 in 2011. 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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