Forest Hills Chamber Of Commerce Of Queens Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 99,795 | 110,775 | −10,980 | 5.5 | 24% |
| 2013 | 108,044 | 102,546 | 5,498 | 6.6 | 29% |
| 2014 | 109,546 | 110,911 | −1,365 | 5.9 | 30% |
| 2015 | 115,467 | 114,863 | 604 | 5.8 | 31% |
| 2016 | 113,324 | 107,430 | 5,894 | 6.8 | 30% |
| 2017 | 86,212 | 91,031 | −4,819 | 7.4 | 38% |
| 2018 | 97,588 | 102,454 | −4,866 | 6.0 | 32% |
| 2019 | 97,047 | 108,262 | −11,215 | 4.5 | 24% |
| 2020 | 125,148 | 119,450 | 5,698 | 4.6 | 28% |
| 2021 | 9,666 | 40,365 | −30,699 | 4.6 | 5% |
| 2022 | 62,363 | 56,183 | 6,180 | 4.6 | 29% |
| 2023 | 75,231 | 86,483 | −11,252 | 1.4 | 40% |
In its most recent public year (2023), this organization spent $11,252 more than it brought in. Its reserves stood at about 1.4 months of spending, down from 5.5 in 2012. Staff pay was 40% of spending. $2,500 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 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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