Kingdom Low-Voltage Apprenticeship Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 113,433 | 4,368 | 109,065 | 299.6 | — |
| 2019 | 8,012 | 7,357 | 655 | 179.0 | — |
| 2020 | 9,764 | 11,771 | −2,007 | 109.8 | — |
| 2022 | 8,585 | 10,850 | −2,265 | 140.0 | — |
| 2023 | 3,292 | 3,347 | −55 | 453.5 | — |
In its most recent public year (2023), this organization spent $55 more than it brought in. Its reserves stood at about 453.5 months of spending, up from 299.6 in 2018.
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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