Joint Apprentice And Training Committee Of The Elevator Industry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 604,340 | 604,340 | 0 | 1.0 | 20% |
| 2012 | 667,395 | 667,395 | 0 | 0.9 | 20% |
| 2013 | 704,046 | 704,046 | 0 | 0.8 | 20% |
| 2014 | 647,867 | 647,867 | 0 | 0.9 | 22% |
| 2015 | 739,282 | 739,282 | 0 | 0.8 | 8% |
| 2016 | 752,132 | 752,132 | 0 | 0.8 | 10% |
| 2017 | 764,381 | 764,381 | 0 | 0.8 | 9% |
| 2018 | 909,275 | 909,275 | 0 | 0.7 | 8% |
| 2019 | 1,098,672 | 1,098,672 | 0 | 0.5 | 7% |
| 2020 | 380,945 | 1,024,118 | −643,173 | -7.0 | 8% |
| 2021 | 934,756 | 976,204 | −41,448 | -7.8 | 8% |
| 2022 | 904,325 | 994,498 | −90,173 | -7.8 | 20% |
| 2023 | 967,746 | 1,043,445 | −75,699 | -8.3 | 23% |
In its most recent public year (2023), this organization spent $75,699 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.3 months), down from 1 in 2011. Staff pay was 23% 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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