Local 251 Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 528,469 | 405,217 | 123,252 | 8.8 | 25% |
| 2021 | 299,492 | 385,764 | −86,272 | 6.5 | 15% |
| 2022 | 506,948 | 463,561 | 43,387 | 6.6 | 22% |
| 2023 | 746,993 | 550,008 | 196,985 | 9.8 | 23% |
| 2024 | 535,649 | 658,844 | −123,195 | 6.0 | 22% |
In its most recent public year (2024), this organization spent $123,195 more than it brought in. Its reserves stood at about 6 months of spending, down from 8.8 in 2020. Staff pay was 22% 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works