Ductile Iron Pipe Research Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,262,415 | 4,883,596 | 378,819 | 2.9 | 23% |
| 2021 | 5,407,671 | 5,409,274 | −1,603 | 2.7 | 22% |
| 2022 | 5,881,671 | 5,685,368 | 196,303 | 2.9 | 22% |
| 2023 | 6,707,018 | 6,595,546 | 111,472 | 2.7 | 21% |
In its most recent public year (2023), this organization brought in $111,472 more than it spent. Its reserves stood at about 2.7 months of spending. Staff pay was 21% 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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