Snapping Shoals Electric Membership Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 194,898,434 | 194,898,434 | 0 | 6.1 | 0% |
| 2021 | 211,884,091 | 211,884,091 | 0 | 5.5 | 0% |
| 2022 | 249,582,310 | 260,641,958 | −11,059,648 | 4.7 | 0% |
| 2023 | 236,987,219 | 236,987,219 | 0 | 5.2 | 0% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 5.2 months of spending. Staff pay was 0% 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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