North Morgan Water Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 392,013 | 393,392 | −1,379 | 50.1 | 0% |
| 2012 | 421,297 | 392,772 | 28,525 | 51.0 | 0% |
| 2013 | 423,446 | 470,082 | −46,636 | 41.4 | 0% |
| 2014 | 550,016 | 598,560 | −48,544 | 31.6 | 0% |
| 2015 | 595,198 | 627,339 | −32,141 | 29.5 | 0% |
| 2016 | 1,059,215 | 660,721 | 398,494 | 35.2 | 0% |
| 2017 | 1,502,347 | 745,017 | 757,330 | 43.5 | 0% |
| 2018 | 753,835 | 805,130 | −51,295 | 39.4 | 0% |
| 2019 | 764,756 | 784,691 | −19,935 | 40.2 | 0% |
| 2020 | 1,300,049 | 774,007 | 526,042 | 48.9 | 0% |
| 2021 | 1,042,458 | 833,130 | 209,328 | 48.4 | 0% |
| 2022 | 860,187 | 927,628 | −67,441 | 44.3 | 0% |
In its most recent public year (2022), this organization spent $67,441 more than it brought in. Its reserves stood at about 44.3 months of spending, down from 50.1 in 2011. Staff pay was 0% of spending. $321,591 of its net assets are donor-restricted.
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 2022. 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
North Morgan Water Cooperative's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works