Indian Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,976,582 | 46,467,974 | −1,491,392 | 12.2 | 1% |
| 2012 | 45,988,185 | 47,541,763 | −1,553,578 | 12.6 | 2% |
| 2013 | 47,877,956 | 49,292,275 | −1,414,319 | 13.0 | 1% |
| 2014 | 49,604,090 | 51,456,486 | −1,852,396 | 13.8 | 1% |
| 2015 | 48,402,535 | 49,515,332 | −1,112,797 | 14.9 | 2% |
| 2016 | 47,008,717 | 48,974,664 | −1,965,947 | 15.1 | 2% |
| 2017 | 47,278,870 | 47,928,997 | −650,127 | 16.2 | 2% |
| 2018 | 53,816,261 | 53,816,261 | 0 | 14.4 | 1% |
| 2019 | 53,335,918 | 53,335,918 | 0 | 15.9 | 2% |
| 2020 | 51,407,370 | 51,407,370 | 0 | 17.5 | 3% |
| 2021 | 54,156,203 | 54,156,203 | 0 | 16.9 | 3% |
| 2022 | 58,379,776 | 58,379,776 | 0 | 15.9 | 3% |
| 2023 | 66,119,356 | 66,119,356 | 0 | 15.1 | 3% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 15.1 months of spending, up from 12.2 in 2011. Staff pay was 3% 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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