Mccone Electric Co-Op Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 9,802,456 | 8,793,636 | 1,008,820 | 17.0 | 22% |
| 2020 | 10,003,139 | 9,003,569 | 999,570 | 17.5 | 23% |
| 2021 | 10,690,087 | 9,268,876 | 1,421,211 | 18.3 | 27% |
| 2022 | 10,684,203 | 9,668,131 | 1,016,072 | 18.4 | 24% |
| 2023 | 11,505,612 | 9,933,501 | 1,572,111 | 19.1 | 22% |
In its most recent public year (2023), this organization brought in $1,572,111 more than it spent. Its reserves stood at about 19.1 months of spending, up from 17 in 2019. 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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