Abilene Chamber Of Commerce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 136,971 | 187,828 | −50,857 | 24.8 | — |
| 2021 | 95,301 | 76,122 | 19,179 | 71.0 | — |
| 2022 | 366,042 | 255,864 | 110,178 | 24.2 | 0% |
| 2023 | 372,393 | 395,691 | −23,298 | 15.4 | 0% |
In its most recent public year (2023), this organization spent $23,298 more than it brought in. Its reserves stood at about 15.4 months of spending, down from 24.8 in 2020. Staff pay was 0% of spending. $502,594 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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