Summit Water Distribution Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,346,979 | 3,472,990 | 1,873,989 | 29.0 | 17% |
| 2012 | 4,777,416 | 3,420,752 | 1,356,664 | 29.7 | 12% |
| 2013 | 4,619,735 | 3,555,711 | 1,064,024 | 32.3 | 18% |
| 2014 | 4,783,249 | 3,243,654 | 1,539,595 | 41.1 | 21% |
| 2015 | 5,375,413 | 4,156,118 | 1,219,295 | 35.6 | 22% |
| 2016 | 6,913,497 | 4,380,370 | 2,533,127 | 41.5 | 20% |
| 2017 | 6,898,320 | 5,463,264 | 1,435,056 | 35.9 | 15% |
| 2018 | 6,833,971 | 5,706,619 | 1,127,352 | 36.7 | 15% |
| 2019 | 6,264,073 | 6,388,651 | −124,578 | 33.3 | 14% |
| 2020 | 6,493,535 | 8,241,693 | −1,748,158 | 23.2 | 13% |
| 2021 | 6,703,957 | 7,691,773 | −987,816 | 23.4 | 10% |
| 2022 | 6,688,810 | 7,488,373 | −799,563 | 22.7 | 11% |
| 2023 | 7,426,364 | 7,069,935 | 356,429 | 24.7 | 11% |
In its most recent public year (2023), this organization brought in $356,429 more than it spent. Its reserves stood at about 24.7 months of spending, down from 29 in 2011. Staff pay was 11% 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
Summit Water Distribution Company'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