Carnes Utility Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 226,139 | 197,052 | 29,087 | 24.3 | 24% |
| 2022 | 217,187 | 195,645 | 21,542 | 25.8 | 25% |
| 2023 | 523,696 | 184,097 | 339,599 | 49.5 | 25% |
| 2024 | 302,903 | 272,706 | 30,197 | 34.8 | 18% |
In its most recent public year (2024), this organization brought in $30,197 more than it spent. Its reserves stood at about 34.8 months of spending, up from 24.3 in 2021. Staff pay was 18% 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 2024. 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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