Indiana Laborers Training Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,420,290 | 6,547,759 | 872,531 | 34.3 | 31% |
| 2021 | 6,553,854 | 5,750,578 | 803,276 | 47.6 | 34% |
| 2022 | 7,306,195 | 6,303,904 | 1,002,291 | 41.9 | 34% |
| 2023 | 6,529,560 | 7,290,874 | −761,314 | 32.7 | 31% |
| 2024 | 8,008,011 | 8,517,111 | −509,100 | 27.8 | 33% |
In its most recent public year (2024), this organization spent $509,100 more than it brought in. Its reserves stood at about 27.8 months of spending, down from 34.3 in 2020. Staff pay was 33% 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 2024. 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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