Operating Engineers Local Union No 3 Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 412,390 | 111,637 | 300,753 | 368.0 | 0% |
| 2021 | 521,855 | 145,819 | 376,036 | 312.4 | 0% |
| 2022 | 402,423 | 135,038 | 267,385 | 317.3 | 0% |
| 2023 | 606,632 | 324,819 | 281,813 | 147.4 | 0% |
In its most recent public year (2023), this organization brought in $281,813 more than it spent. Its reserves stood at about 147.4 months of spending, down from 368 in 2020. Staff pay was 0% 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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