Lafayette Electrical Joint Apprenticeship And Training Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 353,483 | 311,794 | 41,689 | 24.9 | 29% |
| 2011 | 207,237 | 324,230 | −116,993 | 19.6 | 29% |
| 2012 | 265,851 | 276,215 | −10,364 | 22.6 | 33% |
| 2013 | 213,320 | 286,408 | −73,088 | 18.7 | 34% |
| 2014 | 270,217 | 303,791 | −33,574 | 16.3 | 35% |
| 2015 | 335,938 | 316,803 | 19,135 | 16.4 | 31% |
| 2016 | 417,303 | 292,293 | 125,010 | 22.9 | 35% |
| 2017 | 284,736 | 321,141 | −36,405 | 48.3 | 32% |
| 2018 | 298,627 | 314,967 | −16,340 | 50.0 | 31% |
| 2020 | 298,063 | 321,359 | −23,296 | 44.7 | 31% |
| 2021 | 307,472 | 335,198 | −27,726 | 41.9 | 33% |
| 2022 | 634,923 | 340,589 | 294,334 | 51.6 | 36% |
| 2023 | 402,719 | 379,608 | 23,111 | 47.1 | 32% |
In its most recent public year (2023), this organization brought in $23,111 more than it spent. Its reserves stood at about 47.1 months of spending, up from 24.9 in 2010. Staff pay was 32% 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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