Southern Renewable Energy Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 68,957 | 40,452 | 28,505 | 8.5 | 80% |
| 2019 | 145,000 | 167,700 | −22,700 | 0.4 | 51% |
| 2020 | 196,000 | 148,581 | 47,419 | 4.3 | 78% |
| 2021 | 220,000 | 204,459 | 15,541 | 4.0 | 64% |
| 2022 | 419,128 | 382,371 | 36,757 | 3.3 | 38% |
| 2023 | 1,659,728 | 695,504 | 964,224 | 18.7 | 68% |
In its most recent public year (2023), this organization brought in $964,224 more than it spent. Its reserves stood at about 18.7 months of spending, up from 8.5 in 2018. Staff pay was 68% of spending. $754,713 of its net assets are donor-restricted.
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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