Hoisting & Portable Engineers Local No 4 Apprenticeship & Training Fnd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,151,380 | 3,578,443 | 572,937 | 27.6 | 38% |
| 2021 | 4,420,891 | 4,018,045 | 402,846 | 26.1 | 38% |
| 2022 | 4,835,716 | 3,915,463 | 920,253 | 28.7 | 40% |
| 2023 | 4,954,372 | 4,101,449 | 852,923 | 30.5 | 42% |
In its most recent public year (2023), this organization brought in $852,923 more than it spent. Its reserves stood at about 30.5 months of spending, up from 27.6 in 2020. Staff pay was 42% 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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