Redwood Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,117,634 | 15,117,634 | 0 | 12.8 | 12% |
| 2021 | 15,927,488 | 15,642,324 | 285,164 | 12.7 | 11% |
| 2022 | 16,327,136 | 16,327,136 | 0 | 12.6 | 11% |
| 2023 | 16,656,545 | 16,656,545 | 0 | 12.6 | 11% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 12.6 months of spending. Staff pay was 11% 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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