Corona Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 254,126 | 28,550 | 225,576 | 102.0 | 0% |
| 2019 | 5,876 | 224,112 | −218,236 | 1.3 | — |
| 2020 | 64,442 | 45,862 | 18,580 | 11.3 | — |
In its most recent public year (2020), this organization brought in $18,580 more than it spent. Its reserves stood at about 11.3 months of spending, down from 102 in 2018.
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 2020. 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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