Myers Flat Mutual Water System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 83,992 | 123,304 | −39,312 | 73.0 | 29% |
| 2021 | 148,283 | 118,382 | 29,901 | 79.0 | 29% |
| 2022 | 90,689 | 122,030 | −31,341 | 84.4 | 29% |
| 2023 | 1,788,696 | 106,145 | 1,682,551 | 287.2 | 36% |
In its most recent public year (2023), this organization brought in $1,682,551 more than it spent. Its reserves stood at about 287.2 months of spending, up from 73 in 2020. Staff pay was 36% 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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