North Central Electrical League Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 375,033 | 448,458 | −73,425 | 16.1 | 59% |
| 2021 | 607,660 | 400,298 | 207,362 | 23.5 | 50% |
| 2022 | 297,817 | 412,562 | −114,745 | 16.8 | 48% |
| 2023 | 567,311 | 435,042 | 132,269 | 21.3 | 52% |
In its most recent public year (2023), this organization brought in $132,269 more than it spent. Its reserves stood at about 21.3 months of spending, up from 16.1 in 2020. Staff pay was 52% 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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