Montana Electrical Joint Apprenticeship Training Council Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,128,680 | 881,161 | 247,519 | 30.7 | 48% |
| 2021 | 1,308,329 | 900,412 | 407,917 | 35.9 | 49% |
| 2022 | 1,266,727 | 1,070,115 | 196,612 | 31.6 | 46% |
| 2023 | 1,309,070 | 1,075,436 | 233,634 | 34.5 | 47% |
In its most recent public year (2023), this organization brought in $233,634 more than it spent. Its reserves stood at about 34.5 months of spending, up from 30.7 in 2020. Staff pay was 47% of spending. $324,901 of its net assets are donor-restricted.
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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