Middle Georgia Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 19,542,295 | 19,542,295 | 0 | 15.4 | 1% |
| 2021 | 19,174,900 | 19,426,005 | −251,105 | 15.9 | 1% |
| 2022 | 24,653,220 | 24,653,220 | 0 | 12.8 | 1% |
| 2023 | 27,818,835 | 27,818,835 | 0 | 12.9 | 1% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 12.9 months of spending, down from 15.4 in 2020. 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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