Greater Royal Oak Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 309,717 | 233,696 | 76,021 | 18.5 | 54% |
| 2012 | 274,557 | 239,100 | 35,457 | 19.9 | 58% |
| 2013 | 289,772 | 256,654 | 33,118 | 19.8 | 50% |
| 2014 | 238,727 | 253,168 | −14,441 | 19.3 | 54% |
| 2015 | 265,504 | 268,716 | −3,212 | 18.1 | 51% |
| 2016 | 252,908 | 261,850 | −8,942 | 18.2 | 55% |
| 2017 | 279,677 | 305,613 | −25,936 | 14.5 | 54% |
| 2018 | 276,384 | 297,895 | −21,511 | 14.0 | 56% |
| 2019 | 281,810 | 306,227 | −24,417 | 12.7 | 60% |
| 2020 | 235,825 | 238,020 | −2,195 | 16.2 | 60% |
| 2021 | 296,913 | 275,671 | 21,242 | 14.9 | 65% |
| 2022 | 318,835 | 307,204 | 11,631 | 13.9 | 61% |
| 2023 | 278,252 | 352,102 | −73,850 | 9.6 | 62% |
In its most recent public year (2023), this organization spent $73,850 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 18.5 in 2011. Staff pay was 62% 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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