Highwood Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 97,716 | 96,178 | 1,538 | 6.7 | — |
| 2015 | 144,990 | 165,743 | −20,753 | 2.4 | — |
| 2016 | 82,460 | 97,744 | −15,284 | 2.2 | — |
| 2017 | 30,428 | 36,666 | −6,238 | 3.7 | — |
| 2018 | 52,485 | 40,469 | 12,016 | 6.9 | — |
| 2019 | 56,014 | 66,965 | −10,951 | 2.2 | — |
| 2020 | 66,148 | 62,530 | 3,618 | 0.7 | — |
| 2021 | 86,753 | 79,706 | 7,047 | 1.6 | — |
| 2022 | 74,156 | 83,939 | −9,783 | 0.2 | — |
| 2023 | 78,687 | 80,556 | −1,869 | 0.4 | — |
In its most recent public year (2023), this organization spent $1,869 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 6.7 in 2014.
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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