Armco Inc Supplemental Unemployment Compensation Benefit Master Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 100,026 | 144,690 | −44,664 | 0.5 | 2% |
| 2012 | 325,031 | 280,535 | 44,496 | 2.2 | 1% |
| 2013 | 305,025 | 342,750 | −37,725 | 0.5 | 1% |
| 2014 | 4 | 2,506 | −2,502 | 51.8 | 100% |
| 2015 | 1,754 | 4,245 | −2,491 | 23.5 | 59% |
| 2016 | 9 | 2,498 | −2,489 | 28.0 | 100% |
| 2017 | 30 | 2,498 | −2,468 | 16.1 | 100% |
| 2018 | 36 | 2,498 | −2,462 | 4.3 | 100% |
| 2019 | 2,517 | 2,500 | 17 | 4.4 | 100% |
| 2020 | 4 | 0 | 4 | — | — |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 2,509 | 3,000 | −491 | 1.7 | 100% |
| 2023 | 3,017 | 3,000 | 17 | 1.8 | 100% |
In its most recent public year (2023), this organization brought in $17 more than it spent. Its reserves stood at about 1.8 months of spending, up from 0.5 in 2011. Staff pay was 100% 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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