Area 1 Electrical Education Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 564,619 | 573,839 | −9,220 | 17.4 | 35% |
| 2013 | 624,108 | 580,625 | 43,483 | 18.2 | 34% |
| 2014 | 853,318 | 609,302 | 244,016 | 22.1 | 38% |
| 2015 | 1,008,653 | 677,105 | 331,548 | 25.8 | 35% |
| 2016 | 1,266,874 | 722,410 | 544,464 | 33.2 | 41% |
| 2017 | 1,438,930 | 783,627 | 655,303 | 40.6 | 37% |
| 2018 | 1,803,450 | 1,085,634 | 717,816 | 37.3 | 35% |
| 2019 | 2,039,677 | 1,375,899 | 663,778 | 35.2 | 27% |
| 2020 | 2,131,691 | 1,304,446 | 827,245 | 44.9 | 36% |
| 2021 | 1,943,885 | 1,232,920 | 710,965 | 54.3 | 39% |
| 2022 | 2,140,945 | 1,448,913 | 692,032 | 51.7 | 37% |
| 2023 | 2,109,186 | 1,832,758 | 276,428 | 42.7 | 41% |
In its most recent public year (2023), this organization brought in $276,428 more than it spent. Its reserves stood at about 42.7 months of spending, up from 17.4 in 2012. Staff pay was 41% 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
Area 1 Electrical Education 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