U A Local 716 Apprenticeship And Training Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 190,560 | 255,675 | −65,115 | 33.0 | 24% |
| 2012 | 159,021 | 183,627 | −24,606 | 44.4 | 27% |
| 2013 | 142,147 | 193,743 | −51,596 | 38.9 | 22% |
| 2014 | 187,355 | 145,062 | 42,293 | 55.4 | 21% |
| 2015 | 293,485 | 220,182 | 73,303 | 40.5 | 26% |
| 2016 | 208,712 | 207,209 | 1,503 | 43.1 | 27% |
| 2017 | 271,589 | 226,475 | 45,114 | 41.8 | 33% |
| 2018 | 375,094 | 289,443 | 85,651 | 36.3 | 34% |
| 2019 | 414,008 | 380,834 | 33,174 | 28.6 | 28% |
| 2020 | 283,754 | 305,070 | −21,316 | 34.9 | 36% |
| 2021 | 400,536 | 316,302 | 84,234 | 36.8 | 37% |
| 2022 | 322,672 | 340,955 | −18,283 | 33.5 | 35% |
| 2023 | 305,665 | 390,251 | −84,586 | 26.7 | 32% |
In its most recent public year (2023), this organization spent $84,586 more than it brought in. Its reserves stood at about 26.7 months of spending, down from 33 in 2011. Staff pay was 32% 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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