Sheet Metal Industry Promotion Fund Of Eastern Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 487,030 | 457,333 | 29,697 | 23.3 | 0% |
| 2012 | 482,501 | 454,267 | 28,234 | 24.2 | 0% |
| 2013 | 552,500 | 565,510 | −13,010 | 19.2 | 0% |
| 2014 | 537,144 | 586,560 | −49,416 | 17.5 | 0% |
| 2015 | 713,391 | 593,984 | 119,407 | 19.7 | 0% |
| 2016 | 720,208 | 814,300 | −94,092 | 13.0 | 0% |
| 2017 | 729,710 | 750,840 | −21,130 | 13.7 | 0% |
| 2018 | 913,672 | 874,832 | 38,840 | 12.3 | 0% |
| 2019 | 1,099,376 | 863,231 | 236,145 | 15.8 | 0% |
| 2020 | 815,032 | 557,002 | 258,030 | 30.0 | 0% |
| 2021 | 940,898 | 696,034 | 244,864 | 28.2 | 0% |
| 2022 | 1,143,623 | 1,015,829 | 127,794 | 20.8 | 0% |
| 2023 | 1,569,500 | 1,166,142 | 403,358 | 22.3 | 0% |
In its most recent public year (2023), this organization brought in $403,358 more than it spent. Its reserves stood at about 22.3 months of spending. Staff pay was 0% 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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