New Mexico Electrical Industry Joint Apprenticeship And Training
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 994,141 | 995,589 | −1,448 | 12.7 | 54% |
| 2012 | 954,690 | 1,068,091 | −113,401 | 10.6 | 54% |
| 2013 | 805,823 | 952,314 | −146,491 | 10.0 | 55% |
| 2014 | 645,596 | 782,634 | −137,038 | 9.9 | 54% |
| 2015 | 674,986 | 703,504 | −28,518 | 10.5 | 57% |
| 2016 | 663,184 | 702,867 | −39,683 | 9.9 | 54% |
| 2017 | 939,191 | 695,365 | 243,826 | 14.2 | 56% |
| 2018 | 1,405,489 | 979,181 | 426,308 | 15.3 | 50% |
| 2019 | 1,546,193 | 1,193,189 | 353,004 | 16.1 | 49% |
| 2020 | 1,555,440 | 1,731,667 | −176,227 | 9.9 | 35% |
| 2021 | 1,835,412 | 1,728,199 | 107,213 | 10.6 | 36% |
| 2022 | 1,629,536 | 1,361,951 | 267,585 | 15.9 | 53% |
| 2023 | 1,689,392 | 2,050,314 | −360,922 | 8.4 | 37% |
In its most recent public year (2023), this organization spent $360,922 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 12.7 in 2011. Staff pay was 37% of spending. $10,000 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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