Illowa Millwright Contractors Association Inc Industrial Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 151,019 | 153,967 | −2,948 | 32.5 | — |
| 2020 | 110,881 | 175,380 | −64,499 | 24.1 | — |
| 2021 | 142,093 | 111,871 | 30,222 | 41.3 | — |
| 2022 | 155,316 | 150,098 | 5,218 | 31.2 | — |
| 2023 | 156,257 | 141,963 | 14,294 | 34.2 | — |
In its most recent public year (2023), this organization brought in $14,294 more than it spent. Its reserves stood at about 34.2 months of spending, up from 32.5 in 2019.
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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