Farmers Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,397,539 | 28,753,311 | −355,772 | 11.9 | 0% |
| 2012 | 27,926,406 | 27,851,031 | 75,375 | 12.8 | 0% |
| 2013 | 28,681,647 | 28,757,471 | −75,824 | 12.8 | 0% |
| 2014 | 30,279,263 | 28,542,465 | 1,736,798 | 13.6 | 0% |
| 2015 | 29,903,827 | 28,727,552 | 1,176,275 | 14.0 | 0% |
| 2016 | 30,384,283 | 29,042,715 | 1,341,568 | 14.4 | 1% |
| 2017 | 29,757,076 | 28,917,400 | 839,676 | 14.9 | 1% |
| 2018 | 32,523,046 | 29,906,653 | 2,616,393 | 15.0 | 1% |
| 2019 | 32,024,632 | 29,747,524 | 2,277,108 | 15.6 | 2% |
| 2020 | 30,922,312 | 29,318,433 | 1,603,879 | 16.1 | 1% |
| 2021 | 31,632,453 | 29,638,996 | 1,993,457 | 16.6 | 2% |
| 2022 | 34,019,457 | 30,882,136 | 3,137,321 | 17.4 | 2% |
| 2023 | 33,398,741 | 31,938,367 | 1,460,374 | 17.4 | 2% |
In its most recent public year (2023), this organization brought in $1,460,374 more than it spent. Its reserves stood at about 17.4 months of spending, up from 11.9 in 2011. Staff pay was 2% 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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