Milwaukee Electrical Joint Apprenticeship And Training Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,564,333 | 2,967,516 | 596,817 | 25.0 | 11% |
| 2021 | 4,005,046 | 2,835,335 | 1,169,711 | 31.4 | 15% |
| 2022 | 3,182,763 | 2,882,332 | 300,431 | 31.6 | 14% |
| 2023 | 3,013,004 | 2,632,836 | 380,168 | 36.2 | 14% |
In its most recent public year (2023), this organization brought in $380,168 more than it spent. Its reserves stood at about 36.2 months of spending, up from 25 in 2020. Staff pay was 14% 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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