Richland Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,974,472 | 7,918,277 | 56,195 | 13.9 | 3% |
| 2012 | 8,182,201 | 8,157,814 | 24,387 | 13.9 | 3% |
| 2013 | 8,521,857 | 8,651,068 | −129,211 | 13.6 | 3% |
| 2014 | 8,557,076 | 8,633,494 | −76,418 | 14.0 | 3% |
| 2015 | 8,132,807 | 8,147,287 | −14,480 | 15.6 | 4% |
| 2016 | 8,362,262 | 8,168,020 | 194,242 | 16.1 | 4% |
| 2017 | 8,303,528 | 8,068,753 | 234,775 | 16.6 | 4% |
| 2018 | 8,434,546 | 8,335,575 | 98,971 | 16.2 | 4% |
| 2019 | 8,473,070 | 8,322,033 | 151,037 | 16.5 | 5% |
| 2020 | 8,382,932 | 8,232,145 | 150,787 | 16.8 | 5% |
| 2021 | 8,213,321 | 8,033,296 | 180,025 | 17.4 | 5% |
| 2022 | 8,933,778 | 8,748,763 | 185,015 | 16.0 | 5% |
| 2023 | 9,059,286 | 8,740,282 | 319,004 | 16.2 | 7% |
In its most recent public year (2023), this organization brought in $319,004 more than it spent. Its reserves stood at about 16.2 months of spending, up from 13.9 in 2011. Staff pay was 7% 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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