Iatse Local 16 Training Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 207,910 | 349,351 | −141,441 | 43.0 | 5% |
| 2021 | 201,119 | 325,913 | −124,794 | 41.5 | 13% |
| 2022 | 495,797 | 341,065 | 154,732 | 45.1 | 12% |
| 2023 | 490,845 | 383,354 | 107,491 | 43.5 | 0% |
In its most recent public year (2023), this organization brought in $107,491 more than it spent. Its reserves stood at about 43.5 months of spending. Staff pay was 0% 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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