Pierce County Roofers Joint Apprenticeship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 193,915 | 190,132 | 3,783 | 36.8 | 52% |
| 2021 | 209,821 | 215,242 | −5,421 | 32.2 | 68% |
| 2022 | 284,388 | 225,943 | 58,445 | 33.8 | 71% |
| 2023 | 468,007 | 302,841 | 165,166 | 31.7 | 43% |
In its most recent public year (2023), this organization brought in $165,166 more than it spent. Its reserves stood at about 31.7 months of spending, down from 36.8 in 2020. Staff pay was 43% 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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