French Broad Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,178,756 | 58,071,822 | 2,106,934 | 9.2 | 1% |
| 2012 | 60,141,710 | 59,237,667 | 904,043 | 9.1 | 1% |
| 2013 | 62,636,317 | 61,727,011 | 909,306 | 7.8 | 13% |
| 2014 | 65,665,368 | 65,051,557 | 613,811 | 7.7 | 12% |
| 2015 | 63,806,649 | 63,263,129 | 543,520 | 8.2 | 13% |
| 2016 | 61,692,967 | 60,915,711 | 777,256 | 8.5 | 14% |
| 2017 | 64,200,485 | 61,910,397 | 2,290,088 | 8.5 | 14% |
| 2018 | 69,741,483 | 68,874,642 | 866,841 | 8.0 | 14% |
| 2019 | 67,081,045 | 66,181,817 | 899,228 | 9.1 | 15% |
| 2020 | 62,238,759 | 61,697,350 | 541,409 | 9.8 | 18% |
| 2021 | 74,254,119 | 72,938,203 | 1,315,916 | 8.4 | 16% |
| 2022 | 81,303,318 | 79,967,147 | 1,336,171 | 8.0 | 16% |
| 2023 | 85,151,420 | 83,947,044 | 1,204,376 | 7.8 | 16% |
In its most recent public year (2023), this organization brought in $1,204,376 more than it spent. Its reserves stood at about 7.8 months of spending, down from 9.2 in 2011. Staff pay was 16% 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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