Education Fund Local 580
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,530,807 | 2,194,199 | 1,336,608 | 102.7 | 35% |
| 2012 | 4,073,868 | 2,418,559 | 1,655,309 | 101.8 | 35% |
| 2013 | 4,347,043 | 2,691,859 | 1,655,184 | 100.1 | 33% |
| 2014 | 4,684,976 | 2,640,467 | 2,044,509 | 110.9 | 37% |
| 2015 | 4,789,483 | 2,998,648 | 1,790,835 | 103.1 | 34% |
| 2016 | 5,361,060 | 3,174,673 | 2,186,387 | 106.7 | 40% |
| 2017 | 6,068,857 | 3,122,184 | 2,946,673 | 121.3 | 42% |
| 2018 | 6,611,389 | 3,442,411 | 3,168,978 | 119.5 | 39% |
| 2019 | 6,045,578 | 3,433,280 | 2,612,298 | 135.5 | 40% |
| 2020 | 4,873,226 | 3,403,142 | 1,470,084 | 143.5 | 34% |
| 2021 | 6,094,121 | 3,622,565 | 2,471,556 | 144.4 | 38% |
| 2022 | 4,285,268 | 3,572,446 | 712,822 | 138.9 | 44% |
| 2023 | 4,417,151 | 3,637,019 | 780,132 | 139.6 | 42% |
In its most recent public year (2023), this organization brought in $780,132 more than it spent. Its reserves stood at about 139.6 months of spending, up from 102.7 in 2011. Staff pay was 42% 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
Education Fund Local 580'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