Lehi City Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 253,126 | 190,417 | 62,709 | 7.7 | 42% |
| 2022 | 238,592 | 199,306 | 39,286 | 11.7 | 61% |
| 2023 | 243,976 | 257,530 | −13,554 | 8.4 | 60% |
In its most recent public year (2023), this organization spent $13,554 more than it brought in. Its reserves stood at about 8.4 months of spending. Staff pay was 60% 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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