Independent Electrical Contractors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 246,047 | 198,026 | 48,021 | 6.4 | 38% |
| 2012 | 259,125 | 269,705 | −10,580 | 4.2 | 36% |
| 2013 | 340,330 | 287,879 | 52,451 | 6.2 | 42% |
| 2014 | 280,460 | 290,779 | −10,319 | 5.7 | 37% |
| 2015 | 318,143 | 273,977 | 44,166 | 7.9 | 39% |
| 2016 | 386,545 | 292,239 | 94,306 | 11.3 | 37% |
| 2017 | 269,521 | 299,862 | −30,341 | 9.8 | 35% |
| 2018 | 308,255 | 334,017 | −25,762 | 7.9 | 29% |
| 2019 | 407,537 | 318,410 | 89,127 | 12.0 | 37% |
| 2020 | 402,241 | 353,582 | 48,659 | 13.2 | 38% |
| 2021 | 447,946 | 392,989 | 54,957 | 14.1 | 39% |
| 2022 | 401,888 | 447,738 | −45,850 | 9.8 | 35% |
| 2023 | 380,005 | 460,577 | −80,572 | 7.9 | 37% |
In its most recent public year (2023), this organization spent $80,572 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 6.4 in 2011. Staff pay was 37% 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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