Sheet Metal Industry Promotion Research Education & Employment Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 138,824 | 192,445 | −53,621 | 5.1 | 44% |
| 2012 | 148,689 | 186,365 | −37,676 | 2.8 | 50% |
| 2013 | 144,382 | 163,118 | −18,736 | 1.8 | — |
| 2014 | 138,103 | 78,981 | 59,122 | 12.7 | — |
| 2015 | 83,906 | 26,500 | 57,406 | 64.0 | — |
| 2016 | 80,815 | 35,724 | 45,091 | 62.6 | — |
| 2017 | 73,635 | 36,171 | 37,464 | 74.3 | — |
| 2018 | 81,231 | 35,094 | 46,137 | 92.3 | — |
| 2019 | 78,777 | 35,075 | 43,702 | 107.3 | — |
| 2020 | 62,941 | 42,193 | 20,748 | 95.1 | — |
| 2021 | 9,795 | 36,727 | −26,932 | 100.5 | — |
| 2022 | 13,663 | 52,852 | −39,189 | 60.9 | — |
In its most recent public year (2022), this organization spent $39,189 more than it brought in. Its reserves stood at about 60.9 months of spending, up from 5.1 in 2011.
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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