Multi-Skilled Employees Joint Apprenticeship And Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 150,014 | 145,288 | 4,726 | 120.3 | 24% |
| 2021 | 64,146 | 130,137 | −65,991 | 128.3 | 23% |
| 2022 | 121,611 | 190,387 | −68,776 | 83.3 | 26% |
| 2023 | 125,105 | 180,292 | −55,187 | 84.6 | 32% |
In its most recent public year (2023), this organization spent $55,187 more than it brought in. Its reserves stood at about 84.6 months of spending, down from 120.3 in 2020. Staff pay was 32% 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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