Victory Electric Cooperative Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 64,330,052 | 64,330,052 | 0 | 3.6 | 4% |
| 2012 | 62,538,606 | 62,538,606 | 0 | 4.4 | 5% |
| 2013 | 67,848,019 | 67,848,015 | 4 | 4.9 | 4% |
| 2014 | 79,443,610 | 79,443,610 | 0 | 5.5 | 4% |
| 2015 | 68,957,139 | 68,924,736 | 32,403 | 5.7 | 5% |
| 2016 | 71,038,808 | 70,369,650 | 669,158 | 6.4 | 5% |
| 2017 | 73,101,382 | 72,769,767 | 331,615 | 7.2 | 6% |
| 2018 | 76,657,276 | 76,409,975 | 247,301 | 8.0 | 5% |
| 2019 | 69,729,714 | 70,614,512 | −884,798 | 9.9 | 6% |
| 2020 | 69,764,583 | 69,822,632 | −58,049 | 10.5 | 6% |
| 2021 | 85,802,968 | 83,799,708 | 2,003,260 | 10.0 | 5% |
| 2022 | 87,729,431 | 87,545,520 | 183,911 | 10.5 | 6% |
| 2023 | 72,384,416 | 71,810,969 | 573,447 | 13.7 | 7% |
In its most recent public year (2023), this organization brought in $573,447 more than it spent. Its reserves stood at about 13.7 months of spending, up from 3.6 in 2011. Staff pay was 7% 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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