Flint Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 187,609,071 | 187,609,071 | 0 | 7.1 | 0% |
| 2012 | 174,961,793 | 174,961,793 | 0 | 7.9 | 0% |
| 2013 | 188,502,225 | 188,502,224 | 1 | 7.4 | 0% |
| 2014 | 195,693,557 | 195,693,557 | 0 | 7.3 | 0% |
| 2015 | 193,593,699 | 194,117,322 | −523,623 | 7.5 | 0% |
| 2016 | 203,074,705 | 202,551,082 | 523,623 | 7.4 | 0% |
| 2017 | 213,416,859 | 213,416,859 | 0 | 8.0 | 0% |
| 2018 | 229,251,102 | 229,251,102 | 0 | 7.6 | 0% |
| 2019 | 225,580,479 | 225,580,479 | 0 | 8.0 | 0% |
| 2020 | 218,071,463 | 218,071,463 | 0 | 8.4 | 1% |
| 2021 | 228,845,858 | 228,845,858 | 0 | 8.0 | 0% |
| 2022 | 250,834,907 | 251,490,391 | −655,484 | 7.4 | 0% |
In its most recent public year (2022), this organization spent $655,484 more than it brought in. Its reserves stood at about 7.4 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 2022. 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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