Sheet Metal Industry Fund Of Los Angeles
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 758,737 | 821,536 | −62,799 | 6.7 | 0% |
| 2012 | 1,051,589 | 955,642 | 95,947 | 6.9 | 0% |
| 2013 | 982,424 | 990,003 | −7,579 | 6.6 | 0% |
| 2014 | 868,756 | 881,207 | −12,451 | 7.3 | 0% |
| 2015 | 1,048,833 | 1,012,434 | 36,399 | 6.8 | 0% |
| 2016 | 1,616,881 | 1,551,871 | 65,010 | 4.9 | 0% |
| 2017 | 2,574,685 | 2,336,874 | 237,811 | 4.5 | 0% |
| 2018 | 2,483,688 | 2,400,766 | 82,922 | 4.8 | 0% |
| 2019 | 2,932,395 | 2,880,188 | 52,207 | 4.2 | 0% |
| 2020 | 3,228,043 | 3,155,761 | 72,282 | 4.1 | 0% |
| 2021 | 3,343,796 | 3,219,889 | 123,907 | 4.5 | 0% |
| 2022 | 2,983,926 | 2,933,772 | 50,154 | 5.1 | 0% |
| 2023 | 2,849,765 | 2,813,143 | 36,622 | 5.5 | 0% |
| 2024 | 3,002,145 | 2,921,986 | 80,159 | 5.6 | 0% |
In its most recent public year (2024), this organization brought in $80,159 more than it spent. Its reserves stood at about 5.6 months of spending, down from 6.7 in 2011. Staff pay was 0% of spending. $1,370,674 of its net assets are donor-restricted.
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 2024. 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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