Ibew Local Union 24 Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,820 | 659 | 9,161 | 1173.4 | — |
| 2012 | 7,517 | 834 | 6,683 | 1023.4 | — |
| 2013 | 106 | 1,028 | −922 | 819.5 | — |
| 2014 | 11,533 | 756 | 10,777 | 1285.4 | — |
| 2015 | 19,846 | 12,292 | 7,554 | 86.4 | — |
| 2016 | 27,114 | 20,655 | 6,459 | 55.2 | — |
| 2017 | 26,401 | 20,771 | 5,630 | 58.1 | — |
| 2018 | 37,531 | 20,835 | 16,696 | 67.6 | — |
| 2019 | 51,828 | 20,900 | 30,928 | 85.1 | — |
| 2020 | 44,831 | 19,855 | 24,976 | 104.7 | — |
| 2021 | 60,316 | 21,927 | 38,389 | 115.8 | — |
| 2022 | 68,398 | 28,970 | 39,428 | 104.0 | — |
| 2023 | 47,317 | 32,506 | 14,811 | 98.1 | — |
In its most recent public year (2023), this organization brought in $14,811 more than it spent. Its reserves stood at about 98.1 months of spending, down from 1173.4 in 2011.
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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