Whetstone Valley Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,849,181 | 10,808,899 | 40,282 | 14.2 | 15% |
| 2021 | 10,833,876 | 10,816,116 | 17,760 | 14.7 | 16% |
| 2022 | 11,362,354 | 11,267,152 | 95,202 | 14.8 | 17% |
| 2023 | 11,531,166 | 11,425,521 | 105,645 | 15.1 | 17% |
In its most recent public year (2023), this organization brought in $105,645 more than it spent. Its reserves stood at about 15.1 months of spending. Staff pay was 17% 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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