Empire Electric Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 59,482,496 | 59,524,375 | −41,879 | 14.2 | 1% |
| 2021 | 55,026,165 | 53,916,714 | 1,109,451 | 15.8 | 1% |
| 2022 | 59,578,734 | 59,412,313 | 166,421 | 14.4 | 1% |
| 2023 | 61,345,793 | 61,446,822 | −101,029 | 14.5 | 1% |
In its most recent public year (2023), this organization spent $101,029 more than it brought in. Its reserves stood at about 14.5 months of spending. Staff pay was 1% 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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