Midwest Renewable Energy Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,995,689 | 1,845,349 | 150,340 | 7.7 | 54% |
| 2021 | 1,787,355 | 1,628,236 | 159,119 | 9.9 | 56% |
| 2022 | 2,006,398 | 1,872,870 | 133,528 | 9.5 | 55% |
| 2023 | 1,725,197 | 1,890,536 | −165,339 | 8.4 | 57% |
In its most recent public year (2023), this organization spent $165,339 more than it brought in. Its reserves stood at about 8.4 months of spending. Staff pay was 57% of spending. $92,433 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 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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