Glades Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,247,321 | 45,760,349 | −6,513,028 | 5.9 | 2% |
| 2012 | 41,925,452 | 39,737,685 | 2,187,767 | 7.7 | 1% |
| 2013 | 43,271,849 | 40,094,379 | 3,177,470 | 8.6 | 1% |
| 2014 | 45,618,168 | 45,618,168 | 0 | 8.7 | 1% |
| 2015 | 48,738,877 | 48,716,710 | 22,167 | 9.5 | 1% |
| 2016 | 46,227,092 | 46,215,912 | 11,180 | 10.8 | 1% |
| 2017 | 45,871,568 | 45,879,856 | −8,288 | 11.5 | 1% |
| 2018 | 47,055,059 | 47,060,570 | −5,511 | 12.1 | 1% |
| 2019 | 47,364,417 | 47,383,258 | −18,841 | 12.6 | 2% |
| 2020 | 46,888,081 | 47,232,540 | −344,459 | 13.3 | 2% |
| 2021 | 48,091,889 | 47,397,934 | 693,955 | 13.9 | 3% |
| 2022 | 56,574,732 | 56,375,982 | 198,750 | 12.4 | 5% |
| 2023 | 58,797,465 | 56,458,965 | 2,338,500 | 13.6 | 4% |
In its most recent public year (2023), this organization brought in $2,338,500 more than it spent. Its reserves stood at about 13.6 months of spending, up from 5.9 in 2011. Staff pay was 4% 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
Glades Electric Cooperative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works