Fastener Training Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 336,774 | 412,002 | −75,228 | -2.2 | 0% |
| 2015 | 395,039 | 330,053 | 64,986 | -0.4 | 0% |
| 2016 | 456,132 | 412,143 | 43,989 | 1.0 | 0% |
| 2017 | 398,910 | 385,938 | 12,972 | 1.5 | 0% |
| 2018 | 343,231 | 377,498 | −34,267 | 0.4 | 0% |
| 2019 | 431,097 | 351,317 | 79,780 | 3.2 | 0% |
| 2020 | 120,296 | 201,224 | −80,928 | 0.7 | 0% |
| 2021 | 382,111 | 293,855 | 88,256 | 4.1 | 0% |
| 2022 | 407,804 | 346,582 | 61,222 | 5.6 | 0% |
| 2023 | 470,700 | 404,343 | 66,357 | 6.7 | 0% |
In its most recent public year (2023), this organization brought in $66,357 more than it spent. Its reserves stood at about 6.7 months of spending, up from -2.2 in 2014. 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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