Utility Contractors Industry Advancement Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,693,737 | 673,492 | 1,020,245 | 18.2 | 0% |
| 2015 | 1,216,564 | 1,404,815 | −188,251 | 7.1 | 0% |
| 2016 | 1,433,515 | 1,754,610 | −321,095 | 3.5 | 0% |
| 2017 | 783,006 | 684,711 | 98,295 | 6.0 | 0% |
| 2018 | 1,722,884 | 1,478,053 | 244,831 | 4.8 | 0% |
| 2019 | 1,649,099 | 1,495,752 | 153,347 | 6.0 | 0% |
| 2020 | 1,917,126 | 1,838,640 | 78,486 | 5.4 | 0% |
| 2021 | 1,656,928 | 1,485,543 | 171,385 | 8.0 | 0% |
| 2022 | 1,701,754 | 1,589,502 | 112,252 | 8.3 | 0% |
| 2023 | 1,843,444 | 1,644,459 | 198,985 | 9.4 | 0% |
In its most recent public year (2023), this organization brought in $198,985 more than it spent. Its reserves stood at about 9.4 months of spending, down from 18.2 in 2014. Staff pay was 0% 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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