Laborers Local 703 Legal Services Plan & Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 164,655 | 166,872 | −2,217 | 29.6 | — |
| 2012 | 185,849 | 204,561 | −18,712 | 23.0 | — |
| 2013 | 170,769 | 202,780 | −32,011 | 21.3 | — |
| 2014 | 178,277 | 187,389 | −9,112 | 19.6 | — |
| 2015 | 229,025 | 210,595 | 18,430 | 18.5 | 0% |
| 2016 | 198,617 | 174,771 | 23,846 | 23.9 | — |
| 2017 | 168,057 | 163,281 | 4,776 | 26.0 | — |
| 2018 | 179,935 | 176,825 | 3,110 | 24.2 | — |
| 2019 | 181,593 | 150,629 | 30,964 | 30.9 | — |
| 2020 | 210,297 | 222,213 | −11,916 | 20.3 | 0% |
| 2021 | 186,544 | 165,172 | 21,372 | 28.8 | 0% |
| 2022 | 177,557 | 199,535 | −21,978 | 22.5 | 0% |
| 2023 | 164,893 | 200,516 | −35,623 | 20.3 | 0% |
In its most recent public year (2023), this organization spent $35,623 more than it brought in. Its reserves stood at about 20.3 months of spending, down from 29.6 in 2011. Staff pay was 0% 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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