Iron Workers Local 597 Joint Apprenticeship And Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 335,955 | 264,133 | 71,822 | 23.3 | 50% |
| 2021 | 415,803 | 325,419 | 90,384 | 23.7 | 33% |
| 2022 | 474,553 | 379,082 | 95,471 | 23.3 | 25% |
In its most recent public year (2022), this organization brought in $95,471 more than it spent. Its reserves stood at about 23.3 months of spending. Staff pay was 25% 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 2022. 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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