Carolina Electrical Joint Apprentice Training Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 324,607 | 147,978 | 176,629 | 36.6 | 0% |
| 2013 | 222,776 | 219,445 | 3,331 | 24.8 | 14% |
| 2014 | 148,020 | 230,873 | −82,853 | 19.3 | 17% |
| 2015 | 133,267 | 220,145 | −86,878 | 15.5 | 24% |
| 2016 | 188,221 | 223,795 | −35,574 | 13.3 | 31% |
| 2017 | 406,846 | 247,542 | 159,304 | 19.8 | 28% |
| 2018 | 219,466 | 315,467 | −96,001 | 11.9 | 27% |
| 2019 | 233,152 | 348,248 | −115,096 | 6.8 | 28% |
| 2020 | 261,062 | 310,289 | −49,227 | 5.8 | 33% |
| 2021 | 301,032 | 263,840 | 37,192 | 8.3 | 20% |
| 2022 | 358,679 | 323,233 | 35,446 | 8.1 | 15% |
| 2023 | 272,938 | 334,588 | −61,650 | 5.6 | 30% |
In its most recent public year (2023), this organization spent $61,650 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 36.6 in 2012. Staff pay was 30% 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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