Omaha Sheet Metal Workers Training And Education Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 928,400 | 524,951 | 403,449 | 34.9 | 21% |
| 2021 | 756,393 | 874,023 | −117,630 | 19.4 | 13% |
| 2022 | 738,370 | 823,359 | −84,989 | 19.3 | 17% |
| 2023 | 931,010 | 827,983 | 103,027 | 20.7 | 14% |
In its most recent public year (2023), this organization brought in $103,027 more than it spent. Its reserves stood at about 20.7 months of spending, down from 34.9 in 2020. Staff pay was 14% 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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