Morgan County Rural Electric Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,230,802 | 25,230,802 | 0 | 11.1 | 0% |
| 2012 | 26,266,248 | 26,266,248 | 0 | 11.1 | 0% |
| 2013 | 26,977,648 | 26,977,648 | 0 | 11.9 | 0% |
| 2014 | 27,633,390 | 27,633,390 | 0 | 12.2 | 0% |
| 2015 | 31,681,260 | 31,681,260 | 0 | 12.7 | 0% |
| 2016 | 37,026,958 | 37,026,958 | 0 | 11.9 | 9% |
| 2017 | 39,938,788 | 39,938,788 | 0 | 12.0 | 9% |
| 2018 | 43,264,987 | 43,264,987 | 0 | 11.9 | 9% |
| 2019 | 45,473,667 | 45,473,667 | 0 | 12.1 | 8% |
| 2020 | 44,952,841 | 44,952,841 | 0 | 12.5 | 8% |
| 2021 | 45,102,816 | 45,102,816 | 0 | 12.9 | 8% |
| 2022 | 44,792,828 | 44,792,828 | 0 | 13.4 | 9% |
| 2023 | 45,406,447 | 45,406,447 | 0 | 13.5 | 9% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 13.5 months of spending, up from 11.1 in 2011. Staff pay was 9% 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
Morgan County Rural Electric Association'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