Springer Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,522,954 | 23,635,129 | −112,175 | 6.9 | 5% |
| 2012 | 24,269,492 | 24,269,492 | 0 | 7.5 | 4% |
| 2013 | 24,114,339 | 24,114,339 | 0 | 8.4 | 5% |
| 2014 | 24,656,211 | 24,656,211 | 0 | 8.5 | 4% |
| 2015 | 23,563,181 | 23,563,181 | 0 | 9.6 | 5% |
| 2016 | 22,458,092 | 22,458,092 | 0 | 10.5 | 5% |
| 2017 | 23,038,679 | 23,038,679 | 0 | 10.9 | 5% |
| 2018 | 23,018,656 | 23,018,656 | 0 | 11.2 | 5% |
| 2019 | 22,267,695 | 22,267,695 | 0 | 11.6 | 5% |
| 2020 | 21,225,034 | 21,225,034 | 0 | 12.7 | 6% |
| 2021 | 21,344,782 | 21,344,782 | 0 | 13.2 | 6% |
| 2022 | 19,813,589 | 19,813,589 | 0 | 13.9 | 7% |
| 2023 | 20,432,505 | 20,432,505 | 0 | 13.8 | 8% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 13.8 months of spending, up from 6.9 in 2011. Staff pay was 8% 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
Springer Electric Cooperative Inc'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