everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Denton County Electric Cooperative Inc

Corinth, TX / EIN 75-0233075 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011449,247,633448,825,039422,5947.84%
2012402,819,909404,821,760−2,001,8519.74%
2013430,679,536432,469,383−1,789,84710.44%
2014511,928,272511,244,116684,1569.94%
2015472,572,204471,757,749814,45511.84%
2016453,276,118451,301,6511,974,46713.35%
2017489,232,348488,727,169505,17913.35%
2018525,121,580523,885,3621,236,21813.35%
2019559,966,199558,364,0361,602,16313.35%
2020555,865,446554,870,419995,02714.15%
2021639,082,515638,515,773566,74213.64%
2022826,144,853824,911,2461,233,60711.34%
2023780,794,954778,995,9771,798,97712.54%

In its most recent public year (2023), this organization brought in $1,798,977 more than it spent. Its reserves stood at about 12.5 months of spending, up from 7.8 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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