Kanabec Area Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 14,601 | 13,945 | 656 | 0.6 | — |
| 2014 | 31,691 | 10,535 | 21,156 | 24.8 | — |
| 2015 | 16,614 | 24,043 | −7,429 | 7.2 | — |
| 2016 | 11,784 | 16,623 | −4,839 | 6.9 | — |
| 2017 | 15,893 | 16,545 | −652 | 6.4 | — |
| 2018 | 21,961 | 23,853 | −1,892 | 3.5 | — |
| 2019 | 16,643 | 14,053 | 2,590 | 8.2 | — |
| 2020 | 3,604 | 10,690 | −7,086 | 2.8 | — |
| 2021 | 5,740 | 1,072 | 4,668 | 80.3 | — |
| 2022 | 19,921 | 18,030 | 1,891 | 6.0 | — |
| 2023 | 10,992 | 11,236 | −244 | 9.4 | — |
In its most recent public year (2023), this organization spent $244 more than it brought in. Its reserves stood at about 9.4 months of spending, up from 0.6 in 2013.
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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