Karnes Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 35,283,418 | 35,366,219 | −82,801 | 13.3 | 5% |
| 2012 | 39,088,167 | 39,227,993 | −139,826 | 13.6 | 5% |
| 2013 | 50,904,064 | 51,070,503 | −166,439 | 12.3 | 5% |
| 2014 | 71,788,453 | 71,970,663 | −182,210 | 10.6 | 4% |
| 2015 | 77,289,017 | 77,479,197 | −190,180 | 12.3 | 3% |
| 2016 | 85,479,230 | 85,678,179 | −198,949 | 12.9 | 4% |
| 2017 | 90,702,357 | 91,046,127 | −343,770 | 13.8 | 4% |
| 2018 | 100,931,222 | 100,575,222 | 356,000 | 15.2 | 4% |
| 2019 | 103,323,530 | 103,153,530 | 170,000 | 16.7 | 4% |
| 2020 | 96,653,987 | 96,923,987 | −270,000 | 18.7 | 4% |
| 2021 | 101,891,775 | 101,351,775 | 540,000 | 19.1 | 4% |
| 2022 | 131,910,540 | 129,360,540 | 2,550,000 | 15.7 | 4% |
| 2023 | 128,043,306 | 130,460,306 | −2,417,000 | 16.4 | 4% |
In its most recent public year (2023), this organization spent $2,417,000 more than it brought in. Its reserves stood at about 16.4 months of spending, up from 13.3 in 2011. 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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