I E C Chesapeake Apprenticeship & Training Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 939,663 | 915,043 | 24,620 | 6.4 | 50% |
| 2012 | 929,038 | 956,058 | −27,020 | 5.8 | 49% |
| 2013 | 969,931 | 1,098,665 | −128,734 | 2.6 | 37% |
| 2014 | 1,212,039 | 1,058,628 | 153,411 | 4.7 | 28% |
| 2015 | 295,934 | 540,248 | −244,314 | 3.8 | 36% |
| 2016 | 1,356,682 | 1,215,117 | 141,565 | 2.2 | 34% |
| 2017 | 1,709,614 | 1,351,341 | 358,273 | 5.2 | 34% |
| 2018 | 1,832,996 | 1,602,861 | 230,135 | 6.1 | 34% |
| 2019 | 1,969,849 | 1,625,007 | 344,842 | 8.5 | 35% |
| 2020 | 2,149,694 | 1,891,431 | 258,263 | 9.2 | 40% |
| 2021 | 2,574,008 | 2,002,774 | 571,234 | 13.6 | 39% |
| 2022 | 2,893,289 | 2,252,233 | 641,056 | 14.5 | 38% |
| 2023 | 3,158,956 | 2,559,369 | 599,587 | 16.4 | 39% |
| 2024 | 3,705,880 | 2,981,891 | 723,989 | 18.0 | 43% |
In its most recent public year (2024), this organization brought in $723,989 more than it spent. Its reserves stood at about 18 months of spending, up from 6.4 in 2011. Staff pay was 43% 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
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