Myrtle Springs Water Supply Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 410,024 | 456,447 | −46,423 | 24.8 | 30% |
| 2012 | 379,270 | 449,427 | −70,157 | 23.3 | 31% |
| 2013 | 422,897 | 447,168 | −24,271 | 22.8 | 31% |
| 2014 | 494,656 | 438,978 | 55,678 | 24.7 | 31% |
| 2015 | 499,540 | 487,562 | 11,978 | 22.9 | 30% |
| 2016 | 485,737 | 496,056 | −10,319 | 22.0 | 30% |
| 2017 | 636,523 | 560,360 | 76,163 | 20.7 | 27% |
| 2018 | 576,851 | 663,168 | −86,317 | 15.9 | 25% |
| 2019 | 676,798 | 628,555 | 48,243 | 17.7 | 31% |
| 2020 | 779,684 | 636,313 | 143,371 | 20.2 | 29% |
| 2021 | 766,168 | 704,732 | 61,436 | 19.3 | 29% |
| 2022 | 852,158 | 786,665 | 65,493 | 18.3 | 26% |
| 2023 | 812,654 | 758,733 | 53,921 | 19.8 | 28% |
In its most recent public year (2023), this organization brought in $53,921 more than it spent. Its reserves stood at about 19.8 months of spending, down from 24.8 in 2011. Staff pay was 28% 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
Myrtle Springs Water Supply Corporation'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