Sherwood Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 258,525 | 244,824 | 13,701 | 4.9 | 56% |
| 2021 | 199,603 | 238,344 | −38,741 | 3.1 | 50% |
| 2022 | 220,745 | 220,288 | 457 | 3.3 | 45% |
| 2023 | 161,030 | 164,897 | −3,867 | 4.2 | 38% |
In its most recent public year (2023), this organization spent $3,867 more than it brought in. Its reserves stood at about 4.2 months of spending. Staff pay was 38% 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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