Finishing Trades Institute Of West Virginia Region Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 661,794 | 649,624 | 12,170 | 5.9 | 26% |
| 2021 | 717,451 | 689,874 | 27,577 | 7.6 | 25% |
| 2022 | 718,253 | 656,777 | 61,476 | 10.2 | 30% |
| 2023 | 1,048,590 | 755,029 | 293,561 | 14.0 | 29% |
In its most recent public year (2023), this organization brought in $293,561 more than it spent. Its reserves stood at about 14 months of spending, up from 5.9 in 2020. Staff pay was 29% 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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