Pipefitters Local Union 120 Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 98,831 | 106,324 | −7,493 | 9.1 | — |
| 2022 | 96,242 | 98,406 | −2,164 | 9.6 | — |
| 2023 | 119,410 | 105,324 | 14,086 | 10.6 | — |
| 2024 | 119,517 | 108,275 | 11,242 | 11.5 | — |
In its most recent public year (2024), this organization brought in $11,242 more than it spent. Its reserves stood at about 11.5 months of spending, up from 9.1 in 2021.
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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