Farmers Electric Cooperative Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,403,587 | 8,180,771 | 1,222,816 | 17.0 | 1% |
| 2012 | 10,035,567 | 8,458,974 | 1,576,593 | 18.9 | 1% |
| 2013 | 9,792,433 | 8,902,729 | 889,704 | 18.9 | 1% |
| 2014 | 10,502,737 | 9,396,912 | 1,105,825 | 19.0 | 1% |
| 2015 | 9,714,906 | 10,111,769 | −396,863 | 18.2 | 1% |
| 2016 | 10,838,984 | 9,472,246 | 1,366,738 | 20.9 | 1% |
| 2017 | 10,041,027 | 9,302,734 | 738,293 | 21.9 | 1% |
| 2018 | 11,066,387 | 9,892,099 | 1,174,288 | 21.7 | 1% |
| 2019 | 9,855,642 | 9,127,854 | 727,788 | 24.0 | 2% |
| 2020 | 10,265,595 | 9,104,808 | 1,160,787 | 25.3 | 1% |
| 2021 | 11,561,082 | 10,885,557 | 675,525 | 21.6 | 1% |
| 2022 | 12,597,163 | 11,982,556 | 614,607 | 20.0 | 1% |
| 2023 | 11,204,866 | 11,204,866 | 0 | 22.0 | 5% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 22 months of spending, up from 17 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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