Southwest Alabama Partnership For Training And Employment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,059,530 | 3,062,922 | −3,392 | -0.0 | 3% |
| 2012 | 3,383,835 | 3,387,692 | −3,857 | -0.1 | 3% |
| 2013 | 3,989,566 | 3,990,527 | −961 | -0.0 | 15% |
| 2014 | 3,423,315 | 3,421,124 | 2,191 | -0.0 | 18% |
| 2015 | 3,162,492 | 3,162,492 | 0 | -0.1 | 19% |
| 2016 | 3,545,841 | 3,559,168 | −13,327 | -0.1 | 13% |
| 2017 | 3,019,531 | 3,560,572 | −541,041 | -1.9 | 15% |
| 2018 | 5,616,610 | 5,822,068 | −205,458 | -1.6 | 10% |
| 2019 | 9,525,423 | 9,620,483 | −95,060 | -1.1 | 5% |
| 2020 | 13,204,432 | 12,479,346 | 725,086 | -0.1 | 5% |
| 2021 | 12,222,275 | 11,472,094 | 750,181 | 0.6 | 7% |
| 2022 | 9,119,972 | 8,356,774 | 763,198 | 0.1 | 10% |
| 2023 | 9,989,783 | 9,625,198 | 364,585 | 0.5 | 9% |
In its most recent public year (2023), this organization brought in $364,585 more than it spent. Its reserves stood at about 0.5 months of spending. Staff pay was 9% 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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