Boone Valley Elec Co-Op
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 228,288 | 105,659 | 122,629 | 137.1 | 14% |
| 2021 | 235,699 | 157,710 | 77,989 | 93.0 | 10% |
| 2022 | 373,304 | 158,198 | 215,106 | 105.7 | 11% |
| 2023 | 228,181 | 154,836 | 73,345 | 99.8 | 11% |
In its most recent public year (2023), this organization brought in $73,345 more than it spent. Its reserves stood at about 99.8 months of spending, down from 137.1 in 2020. 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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