Freestate Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 40,784,219 | 40,784,219 | 0 | 13.4 | 3% |
| 2018 | 43,992,104 | 43,992,104 | 0 | 12.6 | 3% |
| 2019 | 41,542,690 | 41,427,820 | 114,870 | 13.3 | 3% |
| 2020 | 40,752,409 | 40,752,407 | 2 | 13.3 | 2% |
| 2021 | 43,505,372 | 43,505,372 | 0 | 12.3 | 2% |
| 2022 | 47,018,053 | 47,018,053 | 0 | 11.6 | 2% |
| 2023 | 45,744,996 | 45,744,996 | 0 | 12.1 | 1% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 12.1 months of spending, down from 13.4 in 2017. Staff pay was 1% 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
Freestate Electric Cooperative Inc'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