Rice Lake Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 270,576 | 278,231 | −7,655 | 3.4 | 36% |
| 2012 | 251,996 | 247,816 | 4,180 | 4.0 | 40% |
| 2013 | 237,550 | 234,253 | 3,297 | 4.4 | 0% |
| 2014 | 245,840 | 235,905 | 9,935 | 4.9 | 0% |
| 2015 | 258,499 | 264,345 | −5,846 | 4.1 | 0% |
| 2016 | 250,000 | 260,720 | −10,720 | 3.6 | 0% |
| 2017 | 261,404 | 257,489 | 3,915 | 3.9 | 0% |
| 2018 | 246,249 | 258,669 | −12,420 | 3.3 | 0% |
| 2019 | 264,690 | 258,647 | 6,043 | 3.6 | 0% |
| 2020 | 250,044 | 237,265 | 12,779 | 4.6 | 0% |
| 2021 | 265,778 | 231,177 | 34,601 | 6.5 | 36% |
| 2022 | 187,226 | 165,061 | 22,165 | 15.3 | 30% |
| 2023 | 230,805 | 201,913 | 28,892 | 14.2 | 31% |
In its most recent public year (2023), this organization brought in $28,892 more than it spent. Its reserves stood at about 14.2 months of spending, up from 3.4 in 2011. Staff pay was 31% of spending. $84,289 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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