Northfork Electric Cooperative Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $18,564,297 | $18,566,744 | −$2,447 | 16.5 | 4% |
| 2021 | $21,969,942 | $21,967,568 | $2,374 | 14.7 | 2% |
| 2022 | $25,525,722 | $25,529,294 | −$3,572 | 13.7 | 3% |
| 2023 | $23,968,531 | $23,972,340 | −$3,809 | 15.7 | 4% |
In its most recent public year (2023), this organization spent $3,809 more than it brought in. Its reserves stood at about 15.7 months of spending. Staff pay was 4% 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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