Association For Iron And Steel Technology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,575,032 | 8,940,239 | −3,365,207 | 23.1 | 41% |
| 2021 | 8,482,182 | 6,822,222 | 1,659,960 | 39.3 | 53% |
| 2022 | 12,391,568 | 9,277,444 | 3,114,124 | 29.0 | 44% |
| 2023 | 12,313,373 | 12,624,316 | −310,943 | 22.3 | 36% |
In its most recent public year (2023), this organization spent $310,943 more than it brought in. Its reserves stood at about 22.3 months of spending. Staff pay was 36% of spending. $316,400 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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