Fund For Construction Industry Advancement
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,753,442 | 2,703,986 | 49,456 | 4.4 | 0% |
| 2021 | 2,648,351 | 2,813,784 | −165,433 | 3.7 | 0% |
| 2022 | 3,183,112 | 2,778,752 | 404,360 | 5.4 | 0% |
| 2023 | 3,810,196 | 3,960,090 | −149,894 | 3.4 | 0% |
In its most recent public year (2023), this organization spent $149,894 more than it brought in. Its reserves stood at about 3.4 months of spending. 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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