Mentor Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 314,635 | 285,243 | 29,392 | 8.5 | 55% |
| 2012 | 291,967 | 280,104 | 11,863 | 9.2 | 60% |
| 2013 | 323,182 | 296,572 | 26,610 | 9.7 | 56% |
| 2015 | 256,971 | 315,503 | −58,532 | 8.4 | 55% |
| 2016 | 349,372 | 312,785 | 36,587 | 9.9 | 54% |
| 2017 | 329,322 | 367,265 | −37,943 | 7.2 | 49% |
| 2018 | 394,852 | 302,381 | 92,471 | 12.4 | 46% |
| 2019 | 376,721 | 317,167 | 59,554 | 14.1 | 49% |
| 2020 | 303,137 | 253,248 | 49,889 | 20.0 | 63% |
| 2021 | 297,251 | 253,008 | 44,243 | 22.1 | 64% |
| 2022 | 366,614 | 283,262 | 83,352 | 23.3 | 60% |
| 2023 | 410,130 | 315,022 | 95,108 | 24.6 | 52% |
In its most recent public year (2023), this organization brought in $95,108 more than it spent. Its reserves stood at about 24.6 months of spending, up from 8.5 in 2011. Staff pay was 52% 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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