Ibe W 873 Marion Kokomo Electricians Joint Apprenticeship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 403,638 | 318,100 | 85,538 | 9.1 | 33% |
| 2021 | 475,145 | 377,291 | 97,854 | 10.8 | 25% |
| 2022 | 462,318 | 368,814 | 93,504 | 14.1 | 33% |
| 2023 | 768,229 | 416,132 | 352,097 | 22.7 | 34% |
In its most recent public year (2023), this organization brought in $352,097 more than it spent. Its reserves stood at about 22.7 months of spending, up from 9.1 in 2020. Staff pay was 34% 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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