New Orleans Electrical Joint Apprenticeship Committee & Trainin
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 359,240 | 613,556 | −254,316 | 30.6 | 38% |
| 2021 | 463,564 | 622,207 | −158,643 | 27.1 | 35% |
| 2022 | 432,304 | 708,271 | −275,967 | 19.1 | 36% |
| 2023 | 538,325 | 646,034 | −107,709 | 19.0 | 27% |
In its most recent public year (2023), this organization spent $107,709 more than it brought in. Its reserves stood at about 19 months of spending, down from 30.6 in 2020. Staff pay was 27% 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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