Corbet Water Supply Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 471,419 | 371,401 | 100,018 | 0.0 | 38% |
| 2012 | 459,084 | 381,954 | 77,130 | 0.0 | 35% |
| 2013 | 699,024 | 698,063 | 961 | 15.9 | 19% |
| 2014 | 689,612 | 753,937 | −64,325 | 13.7 | 20% |
| 2015 | 715,693 | 768,036 | −52,343 | 12.6 | 19% |
| 2016 | 681,270 | 683,206 | −1,936 | 14.2 | 19% |
| 2017 | 782,802 | 668,307 | 114,495 | 16.5 | 18% |
| 2018 | 766,192 | 830,388 | −64,196 | 12.4 | 18% |
| 2019 | 787,543 | 772,485 | 15,058 | 13.5 | 23% |
| 2020 | 853,217 | 878,669 | −25,452 | 11.6 | 21% |
| 2021 | 701,030 | 858,540 | −157,510 | 9.6 | 23% |
| 2022 | 1,499,605 | 1,236,587 | 263,018 | 9.2 | 21% |
| 2023 | 1,327,300 | 1,275,735 | 51,565 | 9.4 | 22% |
In its most recent public year (2023), this organization brought in $51,565 more than it spent. Its reserves stood at about 9.4 months of spending, up from 0 in 2011. Staff pay was 22% 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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