Queens County Chamber Of Commerce Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 39,294 | 12,304 | 26,990 | 167.1 | — |
| 2013 | 196,171 | 195,494 | 677 | 10.6 | — |
| 2014 | 44,891 | 108,555 | −63,664 | 12.0 | — |
| 2015 | 45,188 | 93,144 | −47,956 | 6.9 | — |
| 2016 | 25,076 | 42,432 | −17,356 | 10.2 | — |
| 2017 | 22,409 | 4,751 | 17,658 | 213.2 | — |
| 2018 | 23,054 | 36,499 | −13,445 | 23.3 | — |
| 2019 | 68,288 | 23,381 | 44,907 | 59.5 | — |
| 2020 | 9,750 | 8,894 | 856 | 157.5 | — |
| 2021 | 350,501 | 316,664 | 33,837 | 5.7 | 0% |
| 2022 | 866,080 | 878,497 | −12,417 | 1.9 | 39% |
| 2023 | 703,730 | 129,917 | 573,813 | 65.8 | 15% |
In its most recent public year (2023), this organization brought in $573,813 more than it spent. Its reserves stood at about 65.8 months of spending, down from 167.1 in 2012. Staff pay was 15% of spending. $549,100 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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