Independent Electrical Contractors Florida East Coast Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 341,147 | 152,039 | 189,108 | 14.9 | 27% |
| 2019 | 422,519 | 493,008 | −70,489 | 2.9 | 30% |
| 2020 | 682,696 | 625,024 | 57,672 | 3.4 | 26% |
| 2021 | 859,740 | 772,314 | 87,426 | 4.1 | 27% |
| 2022 | 1,074,887 | 918,531 | 156,356 | 5.5 | 30% |
| 2023 | 1,209,926 | 1,037,427 | 172,499 | 6.9 | 32% |
In its most recent public year (2023), this organization brought in $172,499 more than it spent. Its reserves stood at about 6.9 months of spending, down from 14.9 in 2018. Staff pay was 32% 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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