Billings Pipe Trades Apprentice & Journeyman Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 262,854 | 334,077 | −71,223 | 11.1 | 40% |
| 2012 | 358,995 | 355,056 | 3,939 | 10.6 | 40% |
| 2013 | 526,760 | 358,402 | 168,358 | 16.1 | 54% |
| 2014 | 315,626 | 344,849 | −29,223 | 15.7 | 57% |
| 2015 | 349,826 | 343,962 | 5,864 | 16.0 | 59% |
| 2016 | 480,091 | 343,517 | 136,574 | 20.8 | 57% |
| 2017 | 396,994 | 337,398 | 59,596 | 23.3 | 58% |
| 2018 | 379,301 | 335,349 | 43,952 | 25.0 | 60% |
| 2019 | 570,654 | 391,246 | 179,408 | 26.9 | 56% |
| 2020 | 311,842 | 446,167 | −134,325 | 20.0 | 38% |
| 2021 | 392,363 | 476,518 | −84,155 | 16.6 | 53% |
| 2022 | 373,935 | 456,303 | −82,368 | 15.2 | 53% |
| 2023 | 568,189 | 472,320 | 95,869 | 17.1 | 52% |
| 2024 | 588,342 | 558,650 | 29,692 | 15.1 | 50% |
In its most recent public year (2024), this organization brought in $29,692 more than it spent. Its reserves stood at about 15.1 months of spending, up from 11.1 in 2011. Staff pay was 50% 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 2024. 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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