Houston Area Sheet Metal Joint Apprenticeship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 473,168 | 377,163 | 96,005 | 17.0 | 26% |
| 2012 | 411,638 | 394,036 | 17,602 | 16.9 | 25% |
| 2013 | 400,227 | 414,539 | −14,312 | 15.6 | 25% |
| 2014 | 369,359 | 413,676 | −44,317 | 14.4 | 24% |
| 2015 | 419,128 | 445,217 | −26,089 | 12.6 | 23% |
| 2016 | 511,676 | 445,017 | 66,659 | 14.4 | 17% |
| 2017 | 512,220 | 480,103 | 32,117 | 14.4 | 28% |
| 2018 | 514,809 | 555,649 | −40,840 | 9.4 | 36% |
| 2019 | 565,089 | 516,403 | 48,686 | 10.8 | 37% |
| 2020 | 496,609 | 468,465 | 28,144 | 12.0 | 40% |
| 2021 | 399,707 | 778,996 | −379,289 | 1.4 | 25% |
| 2022 | 534,291 | 593,293 | −59,002 | 3.0 | 32% |
In its most recent public year (2022), this organization spent $59,002 more than it brought in. Its reserves stood at about 3 months of spending, down from 17 in 2011. Staff pay was 32% 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 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
Houston Area Sheet Metal Joint Apprenticeship Fund's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works