Ibew Local 56 Electrical Educational Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 239,780 | 219,764 | 20,016 | 24.1 | 28% |
| 2012 | 324,146 | 299,783 | 24,363 | 19.4 | 36% |
| 2013 | 269,938 | 326,787 | −56,849 | 16.5 | 26% |
| 2014 | 289,132 | 290,256 | −1,124 | 18.6 | 32% |
| 2015 | 276,538 | 287,359 | −10,821 | 17.1 | 32% |
| 2016 | 252,518 | 278,116 | −25,598 | 16.8 | 34% |
| 2017 | 266,031 | 301,606 | −35,575 | 15.0 | 32% |
| 2018 | 317,993 | 324,099 | −6,106 | 13.0 | 31% |
| 2019 | 337,114 | 313,836 | 23,278 | 15.2 | 32% |
| 2020 | 372,524 | 291,494 | 81,030 | 20.7 | 34% |
| 2021 | 384,549 | 293,766 | 90,783 | 24.0 | 34% |
| 2022 | 449,201 | 308,840 | 140,361 | 25.9 | 35% |
| 2023 | 446,684 | 269,628 | 177,056 | 37.9 | 43% |
In its most recent public year (2023), this organization brought in $177,056 more than it spent. Its reserves stood at about 37.9 months of spending, up from 24.1 in 2011. Staff pay was 43% 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
Ibew Local 56 Electrical Educational Trust Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works