Ithaca Electrical Joint Apprenticeship Training Fund Local
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 392,187 | 326,947 | 65,240 | 43.9 | 40% |
| 2021 | 439,103 | 330,714 | 108,389 | 47.3 | 50% |
| 2022 | 396,532 | 459,183 | −62,651 | 32.4 | 32% |
| 2023 | 447,876 | 411,552 | 36,324 | 37.3 | 36% |
In its most recent public year (2023), this organization brought in $36,324 more than it spent. Its reserves stood at about 37.3 months of spending, down from 43.9 in 2020. Staff pay was 36% 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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