Algonquin Lake In The Hills Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 141,678 | 112,119 | 29,559 | 8.8 | — |
| 2021 | 149,071 | 101,802 | 47,269 | 15.3 | — |
| 2022 | 200,857 | 182,564 | 18,293 | 8.5 | 54% |
| 2023 | 231,049 | 117,461 | 113,588 | 16.1 | 80% |
In its most recent public year (2023), this organization brought in $113,588 more than it spent. Its reserves stood at about 16.1 months of spending, up from 8.8 in 2020. Staff pay was 80% 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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