Acra Local 725 Joint Apprenticeship And Training Committee Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,286,098 | 1,667,871 | 618,227 | 43.9 | 37% |
| 2021 | 2,252,804 | 1,991,321 | 261,483 | 38.4 | 31% |
| 2022 | 2,217,866 | 2,108,498 | 109,368 | 36.6 | 32% |
| 2023 | 2,687,074 | 2,017,817 | 669,257 | 42.5 | 36% |
In its most recent public year (2023), this organization brought in $669,257 more than it spent. Its reserves stood at about 42.5 months of spending, down from 43.9 in 2020. 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 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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