Ironworkers Local 12 Training & Education Joint Apprenticeship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 328,323 | 226,560 | 101,763 | 22.2 | 18% |
| 2012 | 326,103 | 264,209 | 61,894 | 21.8 | 16% |
| 2013 | 255,055 | 257,155 | −2,100 | 22.4 | 15% |
| 2014 | 413,415 | 273,548 | 139,867 | 27.1 | 21% |
| 2015 | 402,980 | 289,822 | 113,158 | 30.3 | 15% |
| 2016 | 367,814 | 277,538 | 90,276 | 35.6 | 20% |
| 2017 | 361,301 | 345,525 | 15,776 | 29.1 | 25% |
| 2018 | 580,177 | 408,300 | 171,877 | 29.7 | 14% |
| 2019 | 370,041 | 402,598 | −32,557 | 29.1 | 10% |
| 2020 | 430,704 | 385,679 | 45,025 | 31.8 | 9% |
| 2021 | 370,957 | 353,843 | 17,114 | 35.3 | 14% |
| 2022 | 320,916 | 343,472 | −22,556 | 35.5 | 12% |
| 2023 | 421,995 | 392,505 | 29,490 | 32.0 | 12% |
In its most recent public year (2023), this organization brought in $29,490 more than it spent. Its reserves stood at about 32 months of spending, up from 22.2 in 2011. Staff pay was 12% 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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