Cloverland Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 81,703,747 | 72,554,496 | 9,149,251 | 9.0 | 2% |
| 2021 | 87,157,838 | 77,884,316 | 9,273,522 | 9.7 | 2% |
| 2022 | 89,448,818 | 86,833,977 | 2,614,841 | 9.0 | 2% |
| 2023 | 90,733,673 | 83,672,248 | 7,061,425 | 10.3 | 2% |
In its most recent public year (2023), this organization brought in $7,061,425 more than it spent. Its reserves stood at about 10.3 months of spending, up from 9 in 2020. 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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