Foundation For Mechanical Insulation Education Training & In
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 126,000 | 101,850 | 24,150 | 2.8 | — |
| 2022 | 255,534 | 245,527 | 10,007 | 1.7 | 48% |
| 2023 | 217,306 | 251,884 | −34,578 | -0.0 | 33% |
In its most recent public year (2023), this organization spent $34,578 more than it brought in. Its reserves stood at about 0 months of spending, down from 2.8 in 2021. Staff pay was 33% 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
Foundation For Mechanical Insulation Education Training & In'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