Quad County African American Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 20,867 | 22,404 | −1,537 | 2.7 | 0% |
| 2013 | 73,248 | 49,312 | 23,936 | 7.0 | 0% |
| 2014 | 84,967 | 71,343 | 13,624 | 7.7 | 0% |
| 2015 | 49,546 | 55,200 | −5,654 | 8.0 | 0% |
| 2016 | 40,644 | 47,997 | −7,353 | 7.4 | 0% |
| 2017 | 34,579 | 53,386 | −18,807 | 2.4 | 0% |
| 2018 | 43,827 | 29,135 | 14,692 | 10.5 | 0% |
| 2019 | 72,425 | 55,240 | 17,185 | 9.3 | 4% |
| 2020 | 73,207 | 63,083 | 10,124 | 10.0 | 14% |
| 2021 | 71,772 | 46,168 | 25,604 | 20.4 | 22% |
| 2023 | 106,597 | 90,154 | 16,443 | 9.6 | 10% |
In its most recent public year (2023), this organization brought in $16,443 more than it spent. Its reserves stood at about 9.6 months of spending, up from 2.7 in 2012. Staff pay was 10% 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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