Grand Mound Cooperative Telephone Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,588,960 | 1,712,756 | −123,796 | 18.9 | 12% |
| 2018 | 1,743,684 | 1,562,656 | 181,028 | 21.8 | 7% |
| 2019 | 2,030,175 | 2,096,053 | −65,878 | 18.1 | 5% |
| 2020 | 2,252,550 | 2,258,469 | −5,919 | 23.4 | 4% |
| 2021 | 2,296,344 | 2,450,100 | −153,756 | 23.3 | 4% |
| 2022 | 2,486,757 | 2,638,706 | −151,949 | 24.3 | 4% |
| 2023 | 2,628,159 | 2,239,604 | 388,555 | 31.8 | 5% |
In its most recent public year (2023), this organization brought in $388,555 more than it spent. Its reserves stood at about 31.8 months of spending, up from 18.9 in 2017. 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
Grand Mound Cooperative Telephone Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works