Pine City Chamber Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,517 | 4,840 | −2,323 | 41.0 | — |
| 2021 | 5,293 | 5,364 | −71 | 36.8 | — |
| 2022 | 7,596 | 6,790 | 806 | 30.5 | — |
| 2023 | 23,450 | 21,789 | 1,661 | 10.4 | — |
In its most recent public year (2023), this organization brought in $1,661 more than it spent. Its reserves stood at about 10.4 months of spending, down from 41 in 2020.
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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