Puget Sound Electrical Apprenticeship And Training Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,359,047 | 3,042,318 | 316,729 | 41.8 | 44% |
| 2012 | 3,254,752 | 3,187,738 | 67,014 | 40.2 | 43% |
| 2013 | 3,630,743 | 3,207,040 | 423,703 | 42.0 | 46% |
| 2014 | 2,257,239 | 2,204,628 | 52,611 | 62.2 | 38% |
| 2015 | 5,211,532 | 4,532,954 | 678,578 | 31.8 | 44% |
| 2016 | 6,025,251 | 4,892,365 | 1,132,886 | 32.8 | 46% |
| 2017 | 6,743,301 | 5,622,860 | 1,120,441 | 31.1 | 44% |
| 2018 | 7,482,497 | 6,340,674 | 1,141,823 | 29.2 | 48% |
| 2019 | 8,243,066 | 7,063,109 | 1,179,957 | 28.9 | 49% |
| 2020 | 7,523,557 | 7,422,516 | 101,041 | 27.7 | 49% |
| 2021 | 9,666,420 | 7,953,947 | 1,712,473 | 28.5 | 47% |
| 2022 | 9,435,363 | 8,557,530 | 877,833 | 27.2 | 48% |
| 2023 | 9,611,472 | 9,340,384 | 271,088 | 25.6 | 50% |
In its most recent public year (2023), this organization brought in $271,088 more than it spent. Its reserves stood at about 25.6 months of spending, down from 41.8 in 2011. Staff pay was 50% of spending. $519,571 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
Puget Sound Electrical Apprenticeship And Training Trust'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