Local 713 International Brotherhood Of Trade Unions
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,715,548 | 5,038,536 | 677,012 | 22.8 | 57% |
| 2021 | 5,782,002 | 5,355,711 | 426,291 | 23.2 | 60% |
| 2022 | 4,950,852 | 6,102,513 | −1,151,661 | 16.3 | 55% |
| 2023 | 5,946,941 | 6,435,714 | −488,773 | 15.7 | 66% |
In its most recent public year (2023), this organization spent $488,773 more than it brought in. Its reserves stood at about 15.7 months of spending, down from 22.8 in 2020. Staff pay was 66% 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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