Sheet Metal Workers Local No 4 Apprentice Training
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 76,367 | 80,247 | −3,880 | 23.4 | — |
| 2013 | 104,814 | 85,008 | 19,806 | 24.9 | — |
| 2014 | 136,683 | 86,149 | 50,534 | 31.6 | — |
| 2015 | 155,481 | 71,821 | 83,660 | 51.9 | — |
| 2016 | 148,951 | 86,774 | 62,177 | 51.6 | — |
| 2017 | 147,567 | 97,961 | 49,606 | 51.8 | — |
| 2018 | 162,446 | 140,956 | 21,490 | 37.8 | — |
| 2019 | 174,076 | 138,056 | 36,020 | 41.7 | — |
| 2020 | 159,461 | 157,680 | 1,781 | 36.7 | — |
| 2021 | 183,942 | 130,149 | 53,793 | 49.4 | 48% |
| 2022 | 157,127 | 172,173 | −15,046 | 36.3 | 51% |
| 2023 | 189,823 | 206,832 | −17,009 | 29.2 | 42% |
| 2024 | 577,486 | 224,183 | 353,303 | 45.9 | 46% |
In its most recent public year (2024), this organization brought in $353,303 more than it spent. Its reserves stood at about 45.9 months of spending, up from 23.4 in 2012. Staff pay was 46% 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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