Plumbers & Steamfitters Local 568 Apprenticeship & Journeyment Train
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 161,081 | 175,537 | −14,456 | 18.6 | — |
| 2021 | 169,462 | 170,243 | −781 | 19.2 | — |
| 2022 | 175,588 | 168,328 | 7,260 | 19.9 | — |
| 2023 | 233,322 | 202,956 | 30,366 | 18.3 | 51% |
In its most recent public year (2023), this organization brought in $30,366 more than it spent. Its reserves stood at about 18.3 months of spending. Staff pay was 51% 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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