L & O Power Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,974,800 | 21,639,860 | 1,334,940 | 8.5 | 0% |
| 2012 | 22,769,218 | 21,355,723 | 1,413,495 | 9.3 | 0% |
| 2013 | 21,860,779 | 20,756,962 | 1,103,817 | 10.2 | 0% |
| 2014 | 28,541,406 | 27,621,287 | 920,119 | 8.2 | 0% |
| 2015 | 26,501,170 | 25,586,659 | 914,511 | 9.2 | 0% |
| 2016 | 34,059,272 | 31,291,595 | 2,767,677 | 8.6 | 0% |
| 2017 | 34,033,525 | 32,465,751 | 1,567,774 | 8.9 | 0% |
| 2018 | 35,854,516 | 34,294,138 | 1,560,378 | 9.9 | 0% |
| 2019 | 33,098,794 | 33,098,794 | 0 | 10.6 | 0% |
| 2020 | 30,651,353 | 30,987,542 | −336,189 | 11.6 | 0% |
| 2021 | 31,765,274 | 31,660,209 | 105,065 | 11.7 | 0% |
| 2022 | 39,486,397 | 39,035,776 | 450,621 | 10.8 | 0% |
| 2023 | 43,789,036 | 43,149,268 | 639,768 | 10.7 | 0% |
In its most recent public year (2023), this organization brought in $639,768 more than it spent. Its reserves stood at about 10.7 months of spending, up from 8.5 in 2011. Staff pay was 0% 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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