Power And Systems Training Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 319,356 | 422,082 | −102,726 | 12.8 | 63% |
| 2022 | 385,301 | 468,816 | −83,515 | 9.4 | 64% |
| 2023 | 510,784 | 449,970 | 60,814 | 11.4 | 68% |
In its most recent public year (2023), this organization brought in $60,814 more than it spent. Its reserves stood at about 11.4 months of spending, down from 12.8 in 2021. Staff pay was 68% 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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