Independent Electrical Contractors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 362,482 | 405,193 | −42,711 | 2.7 | 23% |
| 2012 | 336,696 | 450,915 | −114,219 | -0.6 | 21% |
| 2013 | 453,253 | 378,281 | 74,972 | 0.3 | 26% |
| 2014 | 294,564 | 422,689 | −128,125 | -3.4 | 35% |
| 2015 | 419,882 | 327,333 | 92,549 | -1.0 | 31% |
| 2016 | 413,749 | 334,678 | 79,071 | 1.8 | 31% |
| 2017 | 462,668 | 416,897 | 45,771 | 2.8 | 33% |
| 2018 | 482,138 | 426,477 | 55,661 | 4.3 | 31% |
| 2019 | 579,559 | 450,263 | 129,296 | 7.5 | 31% |
| 2020 | 549,084 | 505,910 | 43,174 | 8.7 | 35% |
| 2021 | 676,661 | 571,536 | 105,125 | 10.8 | 38% |
| 2022 | 628,721 | 697,661 | −68,940 | 6.7 | 37% |
| 2023 | 802,992 | 739,806 | 63,186 | 8.2 | 40% |
In its most recent public year (2023), this organization brought in $63,186 more than it spent. Its reserves stood at about 8.2 months of spending, up from 2.7 in 2011. Staff pay was 40% 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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