Piping Industry Progress And Education Fund Of Arizona
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,053,274 | 778,228 | 275,046 | 24.0 | 26% |
| 2013 | 1,307,942 | 677,187 | 630,755 | 40.1 | 33% |
| 2014 | 1,169,835 | 795,460 | 374,375 | 40.6 | 29% |
| 2015 | 605,719 | 842,303 | −236,584 | 34.8 | 22% |
| 2016 | 647,786 | 649,620 | −1,834 | 44.0 | 27% |
| 2017 | 664,211 | 580,413 | 83,798 | 52.9 | 29% |
| 2018 | 1,185,708 | 688,581 | 497,127 | 53.9 | 31% |
| 2019 | 1,544,804 | 752,197 | 792,607 | 61.3 | 31% |
| 2020 | 1,907,423 | 779,072 | 1,128,351 | 77.8 | 34% |
| 2021 | 1,360,063 | 751,413 | 608,650 | 106.3 | 37% |
| 2022 | 1,955,265 | 867,430 | 1,087,835 | 96.6 | 37% |
| 2023 | 2,329,396 | 2,157,382 | 172,014 | 39.0 | 23% |
In its most recent public year (2023), this organization brought in $172,014 more than it spent. Its reserves stood at about 39 months of spending, up from 24 in 2012. Staff pay was 23% 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
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