Mechanics Local 701 Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 504,158 | 43,461 | 460,697 | 127.2 | 25% |
| 2012 | 301,205 | 182,356 | 118,849 | 38.1 | 46% |
| 2013 | 426,871 | 215,326 | 211,545 | 44.1 | 46% |
| 2014 | 521,516 | 310,372 | 211,144 | 38.7 | 34% |
| 2015 | 518,783 | 462,001 | 56,782 | 27.5 | 41% |
| 2016 | 569,727 | 615,694 | −45,967 | 19.7 | 32% |
| 2017 | 529,470 | 693,725 | −164,255 | 14.7 | 44% |
| 2018 | 645,619 | 680,880 | −35,261 | 14.0 | 42% |
| 2019 | 778,392 | 767,854 | 10,538 | 13.2 | 40% |
| 2020 | 871,350 | 743,486 | 127,864 | 16.3 | 45% |
| 2021 | 856,529 | 859,428 | −2,899 | 13.3 | 49% |
| 2022 | 998,044 | 908,761 | 89,283 | 12.6 | 44% |
| 2023 | 1,317,552 | 1,002,337 | 315,215 | 15.7 | 41% |
In its most recent public year (2023), this organization brought in $315,215 more than it spent. Its reserves stood at about 15.7 months of spending, down from 127.2 in 2011. Staff pay was 41% 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
Mechanics Local 701 Training Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works