Farmers Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,664,452 | 2,639,446 | 25,006 | 18.9 | 13% |
| 2012 | 2,622,561 | 2,600,602 | 21,959 | 21.3 | 14% |
| 2013 | 2,605,434 | 2,609,982 | −4,548 | 23.2 | 14% |
| 2014 | 2,682,225 | 2,691,924 | −9,699 | 23.6 | 13% |
| 2015 | 2,166,641 | 1,972,342 | 194,299 | 33.2 | 18% |
| 2016 | 2,277,510 | 2,023,977 | 253,533 | 33.3 | 20% |
| 2017 | 2,207,814 | 2,191,876 | 15,938 | 32.8 | 18% |
| 2018 | 2,329,624 | 2,316,635 | 12,989 | 31.1 | 22% |
| 2019 | 2,429,472 | 2,494,695 | −65,223 | 30.8 | 15% |
| 2020 | 2,327,413 | 2,283,113 | 44,300 | 35.2 | 13% |
| 2021 | 2,400,690 | 2,433,914 | −33,224 | 33.7 | 13% |
| 2022 | 2,490,146 | 2,546,724 | −56,578 | 30.6 | 14% |
| 2023 | 2,721,421 | 2,645,178 | 76,243 | 28.4 | 5% |
In its most recent public year (2023), this organization brought in $76,243 more than it spent. Its reserves stood at about 28.4 months of spending, up from 18.9 in 2011. Staff pay was 5% 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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