Independent Electrical Contractors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 993,325 | 903,958 | 89,367 | 9.7 | 45% |
| 2012 | 1,041,512 | 941,526 | 99,986 | 10.7 | 46% |
| 2013 | 1,153,715 | 1,059,249 | 94,466 | 10.4 | 43% |
| 2014 | 1,236,709 | 1,093,465 | 143,244 | 11.8 | 46% |
| 2015 | 1,267,463 | 1,217,273 | 50,190 | 11.0 | 44% |
| 2016 | 1,633,043 | 1,361,644 | 271,399 | 12.5 | 46% |
| 2017 | 1,764,230 | 1,491,655 | 272,575 | 14.0 | 45% |
| 2018 | 1,777,634 | 1,540,855 | 236,779 | 15.1 | 45% |
| 2019 | 1,904,504 | 1,643,695 | 260,809 | 16.6 | 43% |
| 2020 | 1,790,461 | 1,530,131 | 260,330 | 19.1 | 50% |
| 2021 | 1,609,696 | 1,411,648 | 198,048 | 22.3 | 31% |
| 2022 | 1,860,651 | 1,731,474 | 129,177 | 19.1 | 44% |
| 2023 | 1,466,542 | 1,710,370 | −243,828 | 19.1 | 50% |
In its most recent public year (2023), this organization spent $243,828 more than it brought in. Its reserves stood at about 19.1 months of spending, up from 9.7 in 2011. Staff pay was 50% 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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