Lamb County Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,845,492 | 43,861,496 | −16,004 | 9.7 | 5% |
| 2012 | 37,872,488 | 37,884,203 | −11,715 | 12.4 | 6% |
| 2013 | 40,965,803 | 40,980,539 | −14,736 | 12.1 | 6% |
| 2014 | 40,332,630 | 40,369,802 | −37,172 | 12.6 | 6% |
| 2015 | 35,643,066 | 35,634,767 | 8,299 | 15.2 | 7% |
| 2016 | 28,202,352 | 28,237,484 | −35,132 | 19.0 | 9% |
| 2017 | 33,975,948 | 33,991,927 | −15,979 | 16.2 | 8% |
| 2018 | 35,139,362 | 35,129,855 | 9,507 | 16.4 | 8% |
| 2019 | 32,696,084 | 32,690,086 | 5,998 | 18.8 | 9% |
| 2020 | 33,511,932 | 33,520,738 | −8,806 | 18.5 | 8% |
| 2021 | 36,372,010 | 36,314,962 | 57,048 | 17.1 | 8% |
| 2022 | 41,506,938 | 41,519,640 | −12,702 | 15.0 | 7% |
| 2023 | 38,220,535 | 38,466,048 | −245,513 | 17.8 | 8% |
In its most recent public year (2023), this organization spent $245,513 more than it brought in. Its reserves stood at about 17.8 months of spending, up from 9.7 in 2011. Staff pay was 8% 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
Lamb County Electric Cooperative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works