Plumbing Industry Promotion Fund Of New York City
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,345,586 | 2,265,943 | 79,643 | 23.1 | 0% |
| 2021 | 2,440,419 | 2,248,508 | 191,911 | 24.2 | 0% |
| 2022 | 2,233,552 | 2,295,653 | −62,101 | 23.0 | 0% |
| 2023 | 2,148,699 | 2,441,296 | −292,597 | 20.4 | 0% |
In its most recent public year (2023), this organization spent $292,597 more than it brought in. Its reserves stood at about 20.4 months of spending, down from 23.1 in 2020. Staff pay was 0% of spending. $21,500 of its net assets are donor-restricted.
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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