Iron Workers Local 7 Joint Apprentice Committee Educational F
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,954,382 | 3,000,554 | 953,828 | 33.8 | 35% |
| 2021 | 4,381,503 | 2,514,411 | 1,867,092 | 49.7 | 35% |
| 2022 | 4,143,075 | 3,106,860 | 1,036,215 | 43.6 | 37% |
| 2023 | 4,769,595 | 2,940,903 | 1,828,692 | 53.3 | 37% |
In its most recent public year (2023), this organization brought in $1,828,692 more than it spent. Its reserves stood at about 53.3 months of spending, up from 33.8 in 2020. Staff pay was 37% 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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