National Plastering Industrys Joint Apprenticeship Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,738,018 | 7,371,066 | 366,952 | 3.3 | 57% |
| 2021 | 9,566,333 | 7,326,608 | 2,239,725 | 7.0 | 58% |
| 2022 | 10,355,085 | 8,325,914 | 2,029,171 | 9.1 | 51% |
| 2023 | 8,164,932 | 8,769,129 | −604,197 | 7.8 | 50% |
In its most recent public year (2023), this organization spent $604,197 more than it brought in. Its reserves stood at about 7.8 months of spending, up from 3.3 in 2020. Staff pay was 50% 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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