Iowa Operating Engineers Joint Apprenticeship And Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 863,572 | 917,102 | −53,530 | 56.1 | 38% |
| 2012 | 1,104,185 | 1,052,412 | 51,773 | 49.4 | 32% |
| 2013 | 1,088,346 | 1,286,850 | −198,504 | 38.6 | 27% |
| 2014 | 1,062,776 | 1,184,689 | −121,913 | 40.8 | 34% |
| 2015 | 1,387,745 | 1,298,835 | 88,910 | 38.0 | 34% |
| 2016 | 2,211,229 | 1,354,093 | 857,136 | 44.2 | 33% |
| 2017 | 1,545,919 | 1,263,330 | 282,589 | 50.1 | 31% |
| 2018 | 1,713,671 | 1,306,852 | 406,819 | 52.2 | 31% |
| 2019 | 2,526,078 | 1,422,045 | 1,104,033 | 57.0 | 30% |
| 2020 | 2,735,139 | 1,354,048 | 1,381,091 | 72.1 | 31% |
| 2021 | 3,163,966 | 1,476,952 | 1,687,014 | 79.8 | 31% |
| 2022 | 2,451,783 | 1,588,862 | 862,921 | 80.6 | 31% |
| 2023 | 2,441,757 | 1,995,888 | 445,869 | 66.9 | 27% |
In its most recent public year (2023), this organization brought in $445,869 more than it spent. Its reserves stood at about 66.9 months of spending, up from 56.1 in 2011. Staff pay was 27% 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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