Morgantown Plumbers Joint Apprenticeship Committee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 332,826 | 347,323 | −14,497 | 56.5 | 39% |
| 2022 | 348,057 | 433,275 | −85,218 | 39.5 | 39% |
| 2023 | 325,885 | 463,457 | −137,572 | 34.0 | 39% |
| 2024 | 298,327 | 437,964 | −139,637 | 31.6 | 36% |
In its most recent public year (2024), this organization spent $139,637 more than it brought in. Its reserves stood at about 31.6 months of spending, down from 56.5 in 2021. Staff pay was 36% 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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