Local 17 Sheet Metal Apprenticeship Fund Of Rhode Island Smw
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 197,587 | 143,494 | 54,093 | 53.4 | 41% |
| 2013 | 154,038 | 144,953 | 9,085 | 53.6 | 35% |
| 2014 | 146,430 | 144,994 | 1,436 | 53.7 | 39% |
| 2015 | 115,139 | 112,610 | 2,529 | 69.4 | 36% |
| 2016 | 163,058 | 122,074 | 40,984 | 68.1 | 40% |
| 2017 | 169,755 | 134,809 | 34,946 | 64.8 | 41% |
| 2018 | 189,384 | 128,535 | 60,849 | 73.6 | 8% |
| 2019 | 189,872 | 150,932 | 38,940 | 65.8 | 12% |
| 2020 | 230,625 | 129,702 | 100,923 | 85.9 | 45% |
| 2021 | 176,554 | 135,765 | 40,789 | 85.6 | 46% |
| 2022 | 193,247 | 147,290 | 45,957 | 82.7 | 45% |
| 2023 | 199,169 | 160,573 | 38,596 | 78.7 | 44% |
| 2024 | 174,435 | 162,684 | 11,751 | 78.6 | 43% |
In its most recent public year (2024), this organization brought in $11,751 more than it spent. Its reserves stood at about 78.6 months of spending, up from 53.4 in 2012. Staff pay was 43% 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 2024. 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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