Garland Light & Power Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,552,973 | 3,222,419 | 330,554 | 17.2 | 7% |
| 2012 | 3,684,458 | 3,477,473 | 206,985 | 16.7 | 8% |
| 2013 | 3,748,426 | 3,576,546 | 171,880 | 16.8 | 7% |
| 2014 | 3,709,355 | 3,626,224 | 83,131 | 16.8 | 8% |
| 2015 | 4,124,055 | 3,754,584 | 369,471 | 17.5 | 8% |
| 2016 | 4,267,121 | 4,242,553 | 24,568 | 15.5 | 8% |
| 2017 | 4,315,967 | 3,995,380 | 320,587 | 17.4 | 8% |
| 2018 | 4,302,067 | 3,991,202 | 310,865 | 18.4 | 9% |
| 2019 | 4,430,068 | 4,470,063 | −39,995 | 16.3 | 7% |
| 2020 | 4,449,538 | 4,563,924 | −114,386 | 15.7 | 7% |
| 2021 | 4,607,688 | 4,617,831 | −10,143 | 15.5 | 7% |
| 2022 | 4,752,023 | 4,756,208 | −4,185 | 15.0 | 7% |
| 2023 | 5,132,476 | 4,734,023 | 398,453 | 16.1 | 7% |
In its most recent public year (2023), this organization brought in $398,453 more than it spent. Its reserves stood at about 16.1 months of spending, down from 17.2 in 2011. Staff pay was 7% 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
Garland Light & Power Company'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