Western Maryland Electrical Joint Apprenticeship & Training Tr Fd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 214,462 | 203,342 | 11,120 | 14.8 | 50% |
| 2012 | 203,279 | 210,857 | −7,578 | 13.9 | 50% |
| 2013 | 169,340 | 200,453 | −31,113 | 12.7 | 49% |
| 2014 | 123,743 | 181,180 | −57,437 | 10.3 | 52% |
| 2015 | 165,391 | 152,288 | 13,103 | 13.2 | 51% |
| 2016 | 264,303 | 152,546 | 111,757 | 22.0 | 49% |
| 2017 | 234,076 | 166,597 | 67,479 | 25.0 | 47% |
| 2018 | 386,553 | 185,083 | 201,470 | 35.5 | 45% |
| 2019 | 608,164 | 233,703 | 374,461 | 47.4 | 43% |
| 2020 | 306,634 | 199,929 | 106,705 | 61.8 | 45% |
| 2021 | 290,885 | 203,335 | 87,550 | 67.6 | 47% |
| 2022 | 420,642 | 248,604 | 172,038 | 63.8 | 46% |
| 2023 | 386,991 | 324,878 | 62,113 | 51.3 | 40% |
| 2024 | 365,852 | 318,327 | 47,525 | 55.0 | 39% |
In its most recent public year (2024), this organization brought in $47,525 more than it spent. Its reserves stood at about 55 months of spending, up from 14.8 in 2011. Staff pay was 39% 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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