Phoenix Electrical Joint Apprenticeship & Training Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,240,651 | 1,168,388 | 72,263 | 45.5 | 0% |
| 2020 | 1,805,678 | 1,409,494 | 396,184 | 41.1 | 0% |
| 2021 | 2,024,387 | 1,826,027 | 198,360 | 33.0 | 0% |
| 2022 | 4,132,383 | 2,102,761 | 2,029,622 | 39.7 | 0% |
| 2023 | 6,085,377 | 2,759,468 | 3,325,909 | 45.0 | 0% |
In its most recent public year (2023), this organization brought in $3,325,909 more than it spent. Its reserves stood at about 45 months of spending. Staff pay was 0% 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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