Flint And Genesee Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 288,289 | 239,956 | 48,333 | 43.4 | 0% |
| 2012 | 240,493 | 362,747 | −122,254 | 24.7 | 0% |
| 2013 | 254,468 | 615,453 | −360,985 | 7.5 | 0% |
| 2014 | 327,705 | 370,322 | −42,617 | 11.1 | 0% |
| 2015 | 155,223 | 210,741 | −55,518 | 16.4 | 0% |
| 2016 | 1,598,599 | 1,151,243 | 447,356 | 7.7 | 0% |
| 2017 | 996,921 | 974,471 | 22,450 | 9.3 | 0% |
| 2018 | 392,216 | 673,187 | −280,971 | 8.4 | 0% |
| 2019 | 888,184 | 686,598 | 201,586 | 11.8 | 0% |
| 2020 | 10,604,630 | 10,516,004 | 88,626 | 0.9 | 0% |
| 2021 | 5,341,436 | 5,491,174 | −149,738 | 1.3 | 0% |
| 2022 | 2,108,329 | 1,280,028 | 828,301 | 13.7 | 0% |
| 2023 | 3,532,036 | 1,905,658 | 1,626,378 | 19.5 | 0% |
In its most recent public year (2023), this organization brought in $1,626,378 more than it spent. Its reserves stood at about 19.5 months of spending, down from 43.4 in 2011. Staff pay was 0% of spending. $1,587,531 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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