Twin Cities Floor Covering Industry Fringe Benefit Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 266,788 | 263,535 | 3,253 | 11.1 | 40% |
| 2013 | 302,215 | 266,958 | 35,257 | 12.5 | 50% |
| 2014 | 350,182 | 288,446 | 61,736 | 14.1 | 50% |
| 2015 | 345,574 | 303,237 | 42,337 | 15.1 | 57% |
| 2016 | 394,153 | 319,945 | 74,208 | 17.1 | 55% |
| 2017 | 404,130 | 353,900 | 50,230 | 17.2 | 55% |
| 2018 | 449,497 | 352,685 | 96,812 | 20.5 | 56% |
| 2019 | 499,992 | 391,729 | 108,263 | 21.8 | 54% |
| 2020 | 526,651 | 443,917 | 82,734 | 21.5 | 52% |
| 2021 | 484,897 | 456,077 | 28,820 | 21.7 | 40% |
| 2022 | 614,154 | 502,200 | 111,954 | 22.3 | 38% |
| 2023 | 558,045 | 524,580 | 33,465 | 22.2 | 38% |
In its most recent public year (2023), this organization brought in $33,465 more than it spent. Its reserves stood at about 22.2 months of spending, up from 11.1 in 2012. Staff pay was 38% 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
Twin Cities Floor Covering Industry Fringe Benefit Trust Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works