Greater Watertown Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 494,670 | 512,319 | −17,649 | 0.9 | 50% |
| 2012 | 547,198 | 0 | 547,198 | — | — |
| 2013 | 524,854 | 609,718 | −84,864 | -1.0 | 60% |
| 2014 | 571,162 | 599,113 | −27,951 | -0.6 | 63% |
| 2015 | 613,388 | 620,634 | −7,246 | -0.7 | 50% |
| 2016 | 420,598 | 442,508 | −21,910 | -1.2 | 53% |
| 2017 | 368,926 | 435,150 | −66,224 | -3.0 | 52% |
| 2018 | 422,112 | 455,069 | −32,957 | -4.2 | 54% |
| 2019 | 453,342 | 456,702 | −3,360 | -4.3 | 54% |
| 2020 | 327,642 | 309,258 | 18,384 | -5.6 | 50% |
| 2021 | 432,754 | 352,087 | 80,667 | -2.0 | 53% |
| 2022 | 296,299 | 351,960 | −55,661 | -3.8 | 45% |
| 2023 | 265,230 | 356,250 | −91,020 | -7.2 | 37% |
In its most recent public year (2023), this organization spent $91,020 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.2 months), down from 0.9 in 2011. Staff pay was 37% 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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