Faribault Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 471,112 | 454,461 | 16,651 | 15.2 | 42% |
| 2012 | 505,555 | 502,741 | 2,814 | 13.8 | 43% |
| 2013 | 516,395 | 513,844 | 2,551 | 13.6 | 44% |
| 2014 | 510,539 | 520,003 | −9,464 | 13.2 | 44% |
| 2015 | 543,883 | 561,396 | −17,513 | 11.9 | 32% |
| 2016 | 573,110 | 582,078 | −8,968 | 11.1 | 30% |
| 2017 | 631,092 | 640,989 | −9,897 | 9.9 | 31% |
| 2018 | 567,687 | 619,895 | −52,208 | 9.2 | 43% |
| 2019 | 525,969 | 580,477 | −54,508 | 8.7 | 42% |
| 2020 | 481,581 | 562,340 | −80,759 | 7.2 | 38% |
| 2021 | 555,327 | 538,673 | 16,654 | 7.9 | 37% |
| 2022 | 603,258 | 617,123 | −13,865 | 6.6 | 25% |
In its most recent public year (2022), this organization spent $13,865 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 15.2 in 2011. Staff pay was 25% 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 2022. 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
Faribault Chamber Of Commerce Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works