Sheet Metal Workers Union 58 Educational & Apprentice Training
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 217,211 | 191,969 | 25,242 | 8.9 | 5% |
| 2021 | 372,733 | 200,003 | 172,730 | 18.9 | 17% |
| 2022 | 325,824 | 227,543 | 98,281 | 21.8 | 16% |
| 2023 | 300,381 | 242,475 | 57,906 | 23.3 | 19% |
In its most recent public year (2023), this organization brought in $57,906 more than it spent. Its reserves stood at about 23.3 months of spending, up from 8.9 in 2020. Staff pay was 19% 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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