Lynches River Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,530,349 | 42,530,349 | 0 | 8.3 | 1% |
| 2012 | 40,720,563 | 41,023,142 | −302,579 | 7.8 | 1% |
| 2013 | 42,897,883 | 42,674,926 | 222,957 | 7.6 | 1% |
| 2014 | 46,487,493 | 46,413,346 | 74,147 | 7.4 | 1% |
| 2015 | 48,128,828 | 48,128,828 | 0 | 7.2 | 1% |
| 2016 | 46,944,689 | 46,944,689 | 0 | 7.3 | 1% |
| 2017 | 51,626,223 | 51,626,223 | 0 | 7.6 | 1% |
| 2018 | 53,598,921 | 53,598,921 | 0 | 7.4 | 1% |
| 2019 | 54,616,104 | 54,616,104 | 0 | 9.0 | 1% |
| 2020 | 53,245,164 | 53,786,702 | −541,538 | 9.7 | 1% |
| 2021 | 53,676,919 | 55,156,733 | −1,479,814 | 9.9 | 1% |
| 2022 | 59,003,883 | 59,725,393 | −721,510 | 9.6 | 1% |
| 2023 | 64,286,476 | 62,801,878 | 1,484,598 | 10.1 | 1% |
In its most recent public year (2023), this organization brought in $1,484,598 more than it spent. Its reserves stood at about 10.1 months of spending, up from 8.3 in 2011. Staff pay was 1% 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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