Roofers Joint Apprentice And Educational Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 350,777 | 375,069 | −24,292 | 8.0 | 37% |
| 2022 | 332,123 | 314,625 | 17,498 | 9.4 | 37% |
| 2023 | 351,741 | 391,121 | −39,380 | 6.5 | 32% |
| 2024 | 392,671 | 329,571 | 63,100 | 10.4 | 34% |
In its most recent public year (2024), this organization brought in $63,100 more than it spent. Its reserves stood at about 10.4 months of spending, up from 8 in 2021. Staff pay was 34% 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 2024. 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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