Midway City Mutual Water Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 220,949 | 175,351 | 45,598 | 38.1 | 20% |
| 2021 | 236,904 | 209,586 | 27,318 | 33.4 | 16% |
| 2022 | 250,599 | 301,992 | −51,393 | 21.2 | 12% |
| 2023 | 269,890 | 205,589 | 64,301 | 35.9 | 18% |
In its most recent public year (2023), this organization brought in $64,301 more than it spent. Its reserves stood at about 35.9 months of spending, down from 38.1 in 2020. Staff pay was 18% 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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