Laborers District Council Trust Fund 2
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,499,707 | 8,729,720 | 2,769,987 | 14.4 | 0% |
| 2021 | 7,556,820 | 10,589,561 | −3,032,741 | 8.4 | 0% |
| 2022 | 8,279,213 | 7,626,884 | 652,329 | 12.1 | 0% |
| 2023 | 8,712,658 | 9,169,864 | −457,206 | 8.4 | 0% |
In its most recent public year (2023), this organization spent $457,206 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 14.4 in 2020. 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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