River Falls Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 301,534 | 357,066 | −55,532 | 5.9 | 38% |
| 2021 | 552,779 | 447,028 | 105,751 | 7.5 | 35% |
| 2022 | 548,723 | 607,248 | −58,525 | 4.4 | 29% |
| 2023 | 568,443 | 581,884 | −13,441 | 4.3 | 32% |
In its most recent public year (2023), this organization spent $13,441 more than it brought in. Its reserves stood at about 4.3 months of spending, down from 5.9 in 2020. Staff pay was 32% 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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