Walter M Matthews & John M Sheehan Metal Lathers Loc 46 Schlrshp Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 272,915 | 213,091 | 59,824 | 43.9 | 10% |
| 2012 | 280,715 | 231,239 | 49,476 | 43.3 | 1% |
| 2013 | 213,471 | 251,622 | −38,151 | 37.4 | 1% |
| 2014 | 607,483 | 275,517 | 331,966 | 48.2 | 1% |
| 2015 | 1,033,228 | 424,463 | 608,765 | 48.0 | 1% |
| 2016 | 1,133,338 | 721,160 | 412,178 | 34.1 | 1% |
| 2017 | 950,704 | 870,833 | 79,871 | 29.2 | 1% |
| 2018 | 740,803 | 837,550 | −96,747 | 28.9 | 1% |
| 2019 | 619,819 | 809,584 | −189,765 | 27.0 | 6% |
| 2020 | 492,847 | 569,248 | −76,401 | 36.8 | 8% |
| 2021 | 452,992 | 453,328 | −336 | 50.2 | 2% |
| 2022 | 426,657 | 417,905 | 8,752 | 47.5 | 1% |
| 2023 | 362,139 | 398,048 | −35,909 | 55.6 | 1% |
In its most recent public year (2023), this organization spent $35,909 more than it brought in. Its reserves stood at about 55.6 months of spending, up from 43.9 in 2011. Staff pay was 1% 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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