Sheet Metal Workers Local 15 Joint Apprenticeship Training Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 411,861 | 495,124 | −83,263 | 14.8 | 36% |
| 2012 | 500,675 | 421,056 | 79,619 | 19.7 | 33% |
| 2013 | 373,652 | 369,332 | 4,320 | 22.6 | 33% |
| 2014 | 403,448 | 347,361 | 56,087 | 26.0 | 38% |
| 2015 | 305,038 | 329,383 | −24,345 | 26.5 | 38% |
| 2016 | 277,695 | 245,279 | 32,416 | 37.2 | 33% |
| 2017 | 234,599 | 212,188 | 22,411 | 44.2 | 31% |
| 2018 | 234,391 | 235,105 | −714 | 39.9 | 33% |
| 2019 | 287,365 | 226,979 | 60,386 | 44.5 | 27% |
| 2020 | 278,337 | 261,716 | 16,621 | 39.4 | 34% |
| 2021 | 241,647 | 401,465 | −159,818 | 20.9 | 34% |
| 2022 | 297,720 | 328,613 | −30,893 | 24.4 | 42% |
| 2023 | 270,115 | 311,588 | −41,473 | 24.1 | 39% |
| 2024 | 286,753 | 305,036 | −18,283 | 23.9 | 41% |
In its most recent public year (2024), this organization spent $18,283 more than it brought in. Its reserves stood at about 23.9 months of spending, up from 14.8 in 2011. Staff pay was 41% 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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