Mchenry Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 345,061 | 315,617 | 29,444 | 7.6 | 52% |
| 2012 | 415,177 | 365,902 | 49,275 | 8.1 | 47% |
| 2013 | 354,137 | 356,051 | −1,914 | 8.3 | 48% |
| 2014 | 333,404 | 384,184 | −50,780 | 6.1 | 44% |
| 2015 | 292,660 | 352,034 | −59,374 | 4.6 | 51% |
| 2016 | 364,507 | 354,217 | 10,290 | 5.0 | 59% |
| 2017 | 365,674 | 349,596 | 16,078 | 5.6 | 56% |
| 2018 | 334,065 | 344,390 | −10,325 | 5.3 | 60% |
| 2019 | 385,491 | 365,171 | 20,320 | 5.7 | 58% |
| 2020 | 402,937 | 304,650 | 98,287 | 10.7 | 67% |
| 2021 | 454,929 | 390,768 | 64,161 | 10.3 | 57% |
| 2022 | 379,755 | 376,632 | 3,123 | 10.8 | 66% |
| 2023 | 794,751 | 536,547 | 258,204 | 13.3 | 64% |
In its most recent public year (2023), this organization brought in $258,204 more than it spent. Its reserves stood at about 13.3 months of spending, up from 7.6 in 2011. Staff pay was 64% 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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