Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,775,880 | 1,556,970 | 218,910 | 38.3 | 40% |
| 2021 | 2,218,234 | 1,869,061 | 349,173 | 34.1 | 41% |
| 2022 | 1,899,247 | 1,693,238 | 206,009 | 39.1 | 39% |
| 2023 | 2,009,342 | 1,680,533 | 328,809 | 41.8 | 40% |
In its most recent public year (2023), this organization brought in $328,809 more than it spent. Its reserves stood at about 41.8 months of spending, up from 38.3 in 2020. Staff pay was 40% 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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