Midway Water System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,610,747 | 1,921,558 | 689,189 | 60.2 | 29% |
| 2012 | 2,672,974 | 1,939,978 | 732,996 | 53.1 | 33% |
| 2013 | 2,633,557 | 2,069,377 | 564,180 | 52.8 | 30% |
| 2014 | 2,722,429 | 2,227,103 | 495,326 | 51.5 | 29% |
| 2015 | 2,836,065 | 2,366,626 | 469,439 | 50.4 | 33% |
| 2016 | 2,830,741 | 2,466,186 | 364,555 | 51.3 | 30% |
| 2017 | 2,997,006 | 2,743,186 | 253,820 | 48.0 | 27% |
| 2018 | 3,242,123 | 2,632,972 | 609,151 | 53.7 | 28% |
| 2019 | 3,402,770 | 2,642,251 | 760,519 | 58.2 | 30% |
| 2020 | 4,124,762 | 2,883,721 | 1,241,041 | 61.7 | 26% |
| 2021 | 4,356,576 | 2,962,779 | 1,393,797 | 69.4 | 27% |
| 2022 | 4,197,002 | 3,227,370 | 969,632 | 66.6 | 26% |
| 2023 | 4,515,431 | 3,251,935 | 1,263,496 | 71.2 | 27% |
In its most recent public year (2023), this organization brought in $1,263,496 more than it spent. Its reserves stood at about 71.2 months of spending, up from 60.2 in 2011. Staff pay was 27% 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
Midway Water System 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