Parma Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 138,571 | 130,027 | 8,544 | 6.5 | 51% |
| 2012 | 152,249 | 102,656 | 49,593 | 12.6 | 47% |
| 2013 | 118,846 | 102,936 | 15,910 | 14.4 | 49% |
| 2014 | 105,559 | 102,589 | 2,970 | 14.8 | 50% |
| 2015 | 105,961 | 105,826 | 135 | 14.4 | 48% |
| 2016 | 67,048 | 113,354 | −46,306 | 8.5 | 47% |
| 2017 | 87,053 | 104,283 | −17,230 | 7.3 | 48% |
| 2018 | 91,586 | 93,510 | −1,924 | 7.9 | 45% |
| 2019 | 124,388 | 98,304 | 26,084 | 10.7 | 40% |
| 2020 | 76,374 | 95,747 | −19,373 | 8.6 | — |
| 2021 | 91,600 | 118,161 | −26,561 | 4.3 | — |
| 2022 | 144,822 | 82,578 | 62,244 | 15.2 | 58% |
| 2023 | 130,247 | 94,885 | 35,362 | 17.7 | 58% |
In its most recent public year (2023), this organization brought in $35,362 more than it spent. Its reserves stood at about 17.7 months of spending, up from 6.5 in 2011. Staff pay was 58% of spending.
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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