West Michigan Hispanic Chamber Of Commerce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 170,434 | 44,337 | 126,097 | 34.3 | — |
| 2019 | 195,667 | 217,487 | −21,820 | 5.8 | — |
| 2020 | 491,367 | 566,280 | −74,913 | 0.6 | 0% |
| 2021 | 730,500 | 552,272 | 178,228 | 7.2 | 0% |
| 2022 | 743,104 | 572,681 | 170,423 | 10.5 | 0% |
| 2023 | 387,399 | 532,699 | −145,300 | 8.0 | 0% |
In its most recent public year (2023), this organization spent $145,300 more than it brought in. Its reserves stood at about 8 months of spending, down from 34.3 in 2018. Staff pay was 0% of spending. $347,795 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
West Michigan Hispanic Chamber Of Commerce Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works