Electrical Joint Apprenticeship & Training Fund Local 388
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 65,703 | 58,063 | 7,640 | 35.0 | — |
| 2013 | 52,657 | 49,134 | 3,523 | 41.5 | — |
| 2014 | 62,381 | 84,661 | −22,280 | 20.9 | — |
| 2015 | 74,078 | 58,740 | 15,338 | 33.3 | — |
| 2016 | 113,918 | 89,698 | 24,220 | 25.0 | — |
| 2017 | 101,607 | 76,671 | 24,936 | 33.2 | — |
| 2018 | 105,383 | 93,730 | 11,653 | 28.6 | — |
| 2019 | 132,100 | 103,586 | 28,514 | 29.2 | — |
| 2020 | 156,159 | 136,398 | 19,761 | 23.9 | — |
| 2021 | 158,576 | 122,111 | 36,465 | 30.3 | — |
| 2022 | 187,389 | 173,337 | 14,052 | 22.3 | — |
| 2023 | 209,462 | 173,494 | 35,968 | 24.8 | 0% |
In its most recent public year (2023), this organization brought in $35,968 more than it spent. Its reserves stood at about 24.8 months of spending, down from 35 in 2012. 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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