Fairfield Electric Trust Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 121,922 | 87,047 | 34,875 | 37.1 | — |
| 2020 | 125,356 | 127,561 | −2,205 | 25.1 | — |
| 2021 | 129,649 | 109,966 | 19,683 | 31.3 | — |
| 2022 | 123,496 | 113,320 | 10,176 | 31.9 | — |
| 2023 | 124,269 | 151,313 | −27,044 | 22.1 | — |
In its most recent public year (2023), this organization spent $27,044 more than it brought in. Its reserves stood at about 22.1 months of spending, down from 37.1 in 2019.
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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