Local 624 Training Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 79,543 | 4,450 | 75,093 | 202.5 | 0% |
| 2016 | 160,286 | 19,721 | 140,565 | 295.5 | 0% |
| 2017 | 118,454 | 6,306 | 112,148 | 1137.6 | 0% |
| 2018 | 182,637 | 16,726 | 165,911 | 547.9 | 0% |
| 2019 | 124,307 | 14,544 | 109,763 | 719.1 | 0% |
| 2020 | 182,138 | 46,353 | 135,785 | 260.8 | 0% |
| 2021 | 187,586 | 142,923 | 44,663 | 89.1 | 25% |
| 2022 | 255,690 | 206,121 | 49,569 | 63.9 | 30% |
| 2023 | 352,351 | 281,861 | 70,490 | 49.7 | 24% |
In its most recent public year (2023), this organization brought in $70,490 more than it spent. Its reserves stood at about 49.7 months of spending, down from 202.5 in 2015. Staff pay was 24% 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
Local 624 Training Program's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works