Iuoe Local 369 Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 388,969 | 160,517 | 228,452 | 94.3 | 5% |
| 2021 | 430,015 | 285,949 | 144,066 | 58.4 | 26% |
| 2022 | 709,693 | 276,813 | 432,880 | 77.7 | 28% |
| 2023 | 1,006,370 | 311,164 | 695,206 | 96.3 | 37% |
In its most recent public year (2023), this organization brought in $695,206 more than it spent. Its reserves stood at about 96.3 months of spending, up from 94.3 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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