Sheet Metal Workers Union Joint Apprenticeship & Training Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 479,961 | 378,691 | 101,270 | 36.3 | 46% |
| 2012 | 446,712 | 403,375 | 43,337 | 35.3 | 44% |
| 2013 | 420,013 | 438,021 | −18,008 | 32.0 | 54% |
| 2014 | 396,266 | 341,829 | 54,437 | 43.0 | 48% |
| 2015 | 421,816 | 314,872 | 106,944 | 51.7 | 52% |
| 2016 | 438,733 | 464,679 | −25,946 | 56.1 | 46% |
| 2017 | 424,869 | 622,138 | −197,269 | 38.1 | 47% |
| 2018 | 490,776 | 451,516 | 39,260 | 53.5 | 52% |
| 2019 | 552,400 | 433,855 | 118,545 | 59.0 | 52% |
| 2020 | 499,012 | 498,426 | 586 | 51.3 | 54% |
| 2021 | 439,292 | 481,175 | −41,883 | 52.1 | 56% |
| 2022 | 628,860 | 587,562 | 41,298 | 43.5 | 53% |
| 2023 | 748,054 | 733,046 | 15,008 | 35.6 | 52% |
In its most recent public year (2023), this organization brought in $15,008 more than it spent. Its reserves stood at about 35.6 months of spending. Staff pay was 52% 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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