Iuoe & Assoc General Contractors Of Mn Apprentship & Training Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,375,871 | 5,892,717 | 1,483,154 | 49.1 | 36% |
| 2021 | 8,609,759 | 6,789,058 | 1,820,701 | 47.5 | 31% |
| 2022 | 8,702,467 | 8,680,737 | 21,730 | 35.8 | 29% |
| 2023 | 8,600,697 | 11,437,682 | −2,836,985 | 23.9 | 29% |
In its most recent public year (2023), this organization spent $2,836,985 more than it brought in. Its reserves stood at about 23.9 months of spending, down from 49.1 in 2020. Staff pay was 29% 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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