Skowhegan Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 54,289 | 55,799 | −1,510 | 4.4 | 58% |
| 2011 | 51,149 | 48,804 | 2,345 | 5.6 | 66% |
| 2013 | 85,233 | 71,957 | 13,276 | 7.8 | 44% |
| 2014 | 84,352 | 115,694 | −31,342 | 1.6 | 28% |
| 2015 | 56,054 | 56,483 | −429 | 3.5 | 58% |
| 2016 | 64,538 | 54,346 | 10,192 | 5.9 | 60% |
| 2017 | 74,120 | 87,728 | −13,608 | 1.8 | 49% |
| 2018 | 82,700 | 86,646 | −3,946 | 1.3 | — |
| 2019 | 72,995 | 72,995 | 0 | 0.0 | — |
| 2020 | 113,487 | 150,780 | −37,293 | -0.8 | — |
| 2021 | 143,343 | 168,791 | −25,448 | 2.4 | — |
| 2022 | 143,249 | 58,730 | 84,519 | 11.7 | — |
| 2023 | 137,969 | 117,177 | 20,792 | 8.0 | — |
In its most recent public year (2023), this organization brought in $20,792 more than it spent. Its reserves stood at about 8 months of spending, up from 4.4 in 2010.
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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