Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl

Bethesda, MD / EIN 13-3507980 / Form 990 / latest filing 2023

Operating record · U.S. dollars
Fiscal year	Revenue	Expenses	Net	Reserve mo.	Staff %
2010	97,105,906	80,794,204	16,311,702	99.4	0%
2011	41,799,805	87,723,830	−45,924,025	88.0	0%
2012	135,066,814	70,481,548	64,585,266	125.9	0%
2013	65,747,111	79,160,180	−13,413,069	108.3	0%
2014	93,970,631	75,008,927	18,961,704	114.7	0%
2015	95,351,459	75,601,545	19,749,914	112.2	0%
2016	34,633,904	72,476,106	−37,842,202	113.7	0%
2017	77,425,926	77,124,287	301,639	111.3	0%
2018	41,705,030	65,102,568	−23,397,538	114.8	0%
2019	82,400,049	68,459,919	13,940,130	127.0	0%
2020	43,685,396	62,473,255	−18,787,859	149.8	0%
2021	85,280,013	58,029,958	27,250,055	168.4	0%
2022	−76,145,633	59,437,515	−135,583,148	125.7	0%
2023	85,436,834	57,611,171	27,825,663	143.5	0%

In its most recent public year (2023), this organization brought in $27,825,663 more than it spent. Its reserves stood at about 143.5 months of spending, up from 99.4 in 2010. Staff pay was 0% 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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