Teco Energy Group Voluntary Employess Beneficiary Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,018,047 | 6,915,471 | 102,576 | -70.2 | 0% |
| 2012 | 6,315,259 | 6,030,513 | 284,746 | -86.8 | 0% |
| 2013 | 5,926,017 | 5,861,675 | 64,342 | -80.0 | 0% |
| 2014 | 6,490,601 | 6,004,901 | 485,700 | -75.6 | 0% |
| 2015 | 4,805,530 | 5,186,116 | −380,586 | -83.5 | 0% |
| 2016 | 4,018,746 | 4,126,926 | −108,180 | -118.0 | 0% |
| 2017 | 5,204,804 | 5,107,441 | 97,363 | -101.2 | 0% |
| 2018 | 5,367,813 | 5,193,867 | 173,946 | -89.8 | 0% |
| 2019 | 4,966,672 | 4,664,331 | 302,341 | -121.6 | 0% |
| 2020 | 4,451,686 | 4,646,087 | −194,401 | -140.8 | 0% |
| 2021 | 4,674,588 | 4,835,326 | −160,738 | -129.5 | 0% |
| 2022 | 4,500,978 | 4,576,099 | −75,121 | -93.1 | 0% |
In its most recent public year (2022), this organization spent $75,121 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-93.1 months), down from -70.2 in 2011. 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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