Lane-Scott Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,425,111 | 17,329,709 | 95,402 | 15.5 | 9% |
| 2021 | 21,993,870 | 21,614,409 | 379,461 | 13.6 | 7% |
| 2022 | 23,222,453 | 22,949,677 | 272,776 | 13.4 | 7% |
| 2023 | 19,834,006 | 19,529,432 | 304,574 | 15.9 | 9% |
In its most recent public year (2023), this organization brought in $304,574 more than it spent. Its reserves stood at about 15.9 months of spending. Staff pay was 9% 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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