Independent Electrical Contractors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 438,648 | 462,914 | −24,266 | 2.8 | — |
| 2012 | 445,352 | 462,330 | −16,978 | 2.4 | 42% |
| 2013 | 554,896 | 534,066 | 20,830 | 2.5 | 35% |
| 2014 | 668,861 | 556,912 | 111,949 | 4.8 | 38% |
| 2015 | 643,461 | 662,818 | −19,357 | 1.6 | 35% |
| 2016 | 672,999 | 641,257 | 31,742 | 2.3 | 43% |
| 2017 | 835,035 | 842,050 | −7,015 | 1.6 | 37% |
| 2018 | 911,029 | 863,581 | 47,448 | 1.6 | 31% |
| 2019 | 851,602 | 818,814 | 32,788 | 2.1 | 34% |
| 2020 | 869,188 | 828,203 | 40,985 | 2.8 | 37% |
| 2021 | 1,355,709 | 1,089,737 | 265,972 | 3.1 | 28% |
| 2022 | 1,726,443 | 1,175,926 | 550,517 | 8.3 | 32% |
| 2023 | 1,044,084 | 1,039,679 | 4,405 | 1.9 | 39% |
In its most recent public year (2023), this organization brought in $4,405 more than it spent. Its reserves stood at about 1.9 months of spending. Staff pay was 39% 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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