Ashland Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 649,822 | 514,743 | 135,079 | 20.4 | 28% |
| 2021 | 803,731 | 742,750 | 60,981 | 15.1 | 23% |
| 2022 | 844,089 | 765,254 | 78,835 | 15.9 | 24% |
| 2023 | 895,312 | 789,730 | 105,582 | 16.9 | 26% |
In its most recent public year (2023), this organization brought in $105,582 more than it spent. Its reserves stood at about 16.9 months of spending, down from 20.4 in 2020. Staff pay was 26% of spending. $141,138 of its net assets are donor-restricted.
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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