Independent Electrical Contractors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,437 | 222,374 | −88,937 | -6.4 | — |
| 2012 | 122,108 | 123,588 | −1,480 | -11.7 | — |
| 2013 | 160,127 | 133,479 | 26,648 | -8.4 | — |
| 2014 | 424,919 | 337,689 | 87,230 | 2.2 | 28% |
| 2015 | 531,215 | 464,712 | 66,503 | 3.3 | 22% |
| 2016 | 628,541 | 562,698 | 65,843 | 4.1 | 21% |
| 2017 | 1,155,407 | 1,138,379 | 17,028 | 2.2 | 14% |
| 2018 | 850,991 | 824,124 | 26,867 | 3.5 | 18% |
| 2019 | 905,329 | 926,336 | −21,007 | 2.8 | 21% |
| 2020 | 1,217,274 | 1,072,236 | 145,038 | 4.0 | 20% |
| 2021 | 1,262,960 | 1,164,984 | 97,976 | 4.7 | 19% |
| 2022 | 1,449,602 | 1,263,965 | 185,637 | 6.1 | 20% |
| 2023 | 1,660,475 | 1,379,423 | 281,052 | 8.0 | 22% |
In its most recent public year (2023), this organization brought in $281,052 more than it spent. Its reserves stood at about 8 months of spending, up from -6.4 in 2011. Staff pay was 22% 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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