Sheet Metal Workers 292 Apprenticeship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 251,577 | 284,338 | −32,761 | 22.6 | 36% |
| 2012 | 266,328 | 294,839 | −28,511 | 20.0 | 37% |
| 2013 | 482,334 | 353,358 | 128,976 | 23.1 | 38% |
| 2014 | 1,721,038 | 481,725 | 1,239,313 | 49.2 | 40% |
| 2015 | 660,792 | 579,402 | 81,390 | 42.8 | 38% |
| 2016 | 413,338 | 540,984 | −127,646 | 43.2 | 38% |
| 2017 | 534,941 | 556,692 | −21,751 | 43.2 | 39% |
| 2018 | 585,767 | 561,289 | 24,478 | 45.2 | 40% |
| 2019 | 836,060 | 586,916 | 249,144 | 41.5 | 38% |
| 2020 | 956,104 | 653,195 | 302,909 | 43.0 | 39% |
| 2021 | 1,432,820 | 638,685 | 794,135 | 63.4 | 46% |
| 2022 | 861,323 | 743,795 | 117,528 | 52.7 | 57% |
| 2023 | 733,656 | 771,109 | −37,453 | 50.1 | 58% |
In its most recent public year (2023), this organization spent $37,453 more than it brought in. Its reserves stood at about 50.1 months of spending, up from 22.6 in 2011. Staff pay was 58% 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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