Pipe Fabrication Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 274,506 | 325,551 | −51,045 | 8.9 | 0% |
| 2013 | 480,625 | 194,339 | 286,286 | 15.8 | 0% |
| 2014 | 574,073 | 433,451 | 140,622 | 6.4 | 0% |
| 2015 | 306,885 | 266,477 | 40,408 | 12.2 | 0% |
| 2016 | 309,032 | 296,548 | 12,484 | 11.5 | 0% |
| 2017 | 305,195 | 299,218 | 5,977 | 11.6 | 0% |
| 2018 | 304,437 | 240,369 | 64,068 | 17.7 | 0% |
| 2019 | 308,814 | 236,512 | 72,302 | 18.8 | 0% |
| 2020 | 396,703 | 297,396 | 99,307 | 19.0 | 0% |
| 2021 | 267,596 | 156,241 | 111,355 | 44.7 | 0% |
| 2022 | 171,503 | 157,304 | 14,199 | 45.5 | 0% |
| 2023 | 300,939 | 353,151 | −52,212 | 18.5 | 0% |
| 2024 | 346,400 | 330,772 | 15,628 | 20.3 | 0% |
In its most recent public year (2024), this organization brought in $15,628 more than it spent. Its reserves stood at about 20.3 months of spending, up from 8.9 in 2012. 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 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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