Nuvista Light & Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,446,442 | 1,261,142 | 2,185,300 | 21.2 | 16% |
| 2021 | 1,779,234 | 397,026 | 1,382,208 | 109.1 | 47% |
| 2022 | 1,326,329 | 362,311 | 964,018 | 151.5 | 56% |
| 2023 | 220,494 | 307,800 | −87,306 | 175.0 | 65% |
In its most recent public year (2023), this organization spent $87,306 more than it brought in. Its reserves stood at about 175 months of spending, up from 21.2 in 2020. Staff pay was 65% of spending. $4,450,820 of its net assets are donor-restricted.
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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