Texas Iron Workers Training Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 858,159 | 581,690 | 276,469 | 64.0 | 48% |
| 2019 | 1,740,921 | 1,424,130 | 316,791 | 28.0 | 39% |
| 2020 | 1,836,874 | 1,561,838 | 275,036 | 27.6 | 36% |
| 2021 | 1,932,105 | 1,525,162 | 406,943 | 31.5 | 39% |
| 2022 | 1,827,660 | 1,704,500 | 123,160 | 29.1 | 38% |
| 2023 | 1,630,413 | 1,714,003 | −83,590 | 28.3 | 39% |
In its most recent public year (2023), this organization spent $83,590 more than it brought in. Its reserves stood at about 28.3 months of spending, down from 64 in 2018. Staff pay was 39% 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
Texas Iron Workers Training Tr's IRS filings as a feed — one entry per filing year, through 2023. 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