Local 46 Training Program Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 182,486 | 179,637 | 2,849 | 8.8 | — |
| 2013 | 208,466 | 167,968 | 40,498 | 12.3 | 24% |
| 2014 | 185,821 | 169,381 | 16,440 | 13.4 | — |
| 2015 | 172,347 | 177,420 | −5,073 | 12.4 | — |
| 2016 | 211,525 | 191,488 | 20,037 | 12.8 | 24% |
| 2017 | 183,323 | 171,540 | 11,783 | 15.1 | — |
| 2018 | 187,698 | 177,589 | 10,109 | 15.3 | — |
| 2019 | 209,718 | 201,723 | 7,995 | 13.9 | 26% |
| 2020 | 186,300 | 185,937 | 363 | 15.1 | — |
| 2021 | 200,726 | 130,305 | 70,421 | 28.1 | 28% |
| 2022 | 224,239 | 140,057 | 84,182 | 33.3 | 31% |
| 2023 | 200,976 | 260,012 | −59,036 | 15.2 | 51% |
| 2024 | 301,517 | 242,754 | 58,763 | 19.2 | 47% |
In its most recent public year (2024), this organization brought in $58,763 more than it spent. Its reserves stood at about 19.2 months of spending, up from 8.8 in 2012. Staff pay was 47% 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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