Sparta Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,980 | 29,463 | 4,517 | 18.1 | — |
| 2012 | 24,502 | 24,465 | 37 | 21.9 | — |
| 2013 | 32,241 | 29,671 | 2,570 | 19.1 | — |
| 2014 | 25,569 | 25,437 | 132 | 20.1 | — |
| 2015 | 59,397 | 43,582 | 15,815 | 16.1 | — |
| 2016 | 63,315 | 49,116 | 14,199 | 17.7 | — |
| 2017 | 304,795 | 309,549 | −4,754 | 1.8 | 0% |
| 2018 | 277,921 | 294,246 | −16,325 | 1.2 | 12% |
| 2019 | 278,649 | 276,491 | 2,158 | 1.4 | 10% |
| 2020 | 88,823 | 57,984 | 30,839 | 19.7 | 23% |
| 2021 | 55,612 | 59,727 | −4,115 | -0.8 | — |
| 2022 | 16,789 | 49,570 | −32,781 | -8.9 | — |
| 2023 | 52,137 | 86,499 | −34,362 | -9.9 | — |
In its most recent public year (2023), this organization spent $34,362 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.9 months), down from 18.1 in 2011.
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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