Owensboro Electrical Joint Apprenticeship And Training Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 190,582 | 245,661 | −55,079 | 26.2 | 14% |
| 2021 | 175,871 | 215,547 | −39,676 | 27.6 | 13% |
| 2022 | 215,685 | 205,696 | 9,989 | 29.5 | 13% |
| 2023 | 311,105 | 281,286 | 29,819 | 22.9 | 10% |
In its most recent public year (2023), this organization brought in $29,819 more than it spent. Its reserves stood at about 22.9 months of spending, down from 26.2 in 2020. Staff pay was 10% 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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