Slemco Electric Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 461,203 | 465,742 | −4,539 | 2.7 | 0% |
| 2021 | 470,861 | 464,917 | 5,944 | 2.9 | 0% |
| 2022 | 481,756 | 486,519 | −4,763 | 2.6 | 0% |
| 2023 | 503,083 | 477,213 | 25,870 | 3.3 | 0% |
In its most recent public year (2023), this organization brought in $25,870 more than it spent. Its reserves stood at about 3.3 months of spending. 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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