Pierce-Pepin Electric Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,797 | 8,718 | 79 | -166.2 | — |
| 2012 | 8,797 | 8,780 | 17 | -165.1 | — |
| 2013 | 8,596 | 12,544 | −3,948 | -119.2 | — |
| 2014 | 8,377 | 8,749 | −372 | -171.5 | — |
| 2015 | 8,326 | 8,810 | −484 | -171.0 | — |
| 2017 | 11,178 | 8,442 | 2,736 | -188.3 | — |
| 2018 | 7,828 | 8,187 | −359 | -195.9 | — |
| 2019 | 7,809 | 8,365 | −556 | -224.1 | — |
| 2020 | 7,402 | 7,923 | −521 | -240.4 | — |
| 2021 | 7,080 | 7,581 | −501 | -251.2 | — |
| 2022 | 7,356 | 7,688 | −332 | -247.7 | — |
| 2023 | 8,215 | 8,154 | 61 | -233.5 | — |
In its most recent public year (2023), this organization brought in $61 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-233.5 months), down from -166.2 in 2011.
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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