Operating record

Finishing Trades Institute Of Md Va Dc And Vicinities

Lanham, MD · EIN 52-2119765 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,420,085$1,316,737$103,34813.732%
2021$1,261,516$1,160,408$101,10816.634%
2022$1,146,031$1,212,952−$66,92115.232%
2023$1,159,975$1,223,816−$63,84114.435%

In its most recent public year (2023), this organization spent $63,841 more than it brought in. Its reserves stood at about 14.4 months of spending. Staff pay was 35% 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 ↗