Southwest Alabama Water Authority
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,055,623 | 892,234 | 163,389 | 39.0 | 50% |
| 2021 | 1,082,699 | 933,722 | 148,977 | 33.0 | 0% |
| 2022 | 1,173,130 | 746,465 | 426,665 | 43.6 | 0% |
| 2023 | 1,198,944 | 684,071 | 514,873 | 44.0 | 0% |
In its most recent public year (2023), this organization brought in $514,873 more than it spent. Its reserves stood at about 44 months of spending, up from 39 in 2020. 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 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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