Farmers Rural Electric Cooperative Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,130,526 | 48,650,485 | 2,480,041 | 6.8 | 5% |
| 2012 | 50,062,988 | 47,827,741 | 2,235,247 | 7.5 | 5% |
| 2013 | 54,905,700 | 54,905,700 | 0 | 7.5 | 4% |
| 2014 | 56,193,208 | 56,193,208 | 0 | 8.1 | 4% |
| 2015 | 51,998,397 | 51,998,397 | 0 | 8.9 | 5% |
| 2016 | 52,344,236 | 52,344,236 | 0 | 9.5 | 4% |
| 2017 | 49,391,862 | 49,391,862 | 0 | 10.4 | 5% |
| 2018 | 56,997,596 | 56,997,596 | 0 | 9.7 | 4% |
| 2019 | 54,653,011 | 54,653,011 | 0 | 10.6 | 5% |
| 2020 | 50,087,988 | 50,087,988 | 0 | 12.0 | 5% |
| 2021 | 57,120,734 | 57,120,734 | 0 | 11.0 | 5% |
| 2022 | 67,395,267 | 67,395,267 | 0 | 9.7 | 4% |
| 2023 | 61,713,920 | 61,713,920 | 0 | 10.6 | 5% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 10.6 months of spending, up from 6.8 in 2011. Staff pay was 5% 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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