Granite Falls Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 43,840 | 26,122 | 17,718 | 93.7 | — |
| 2021 | 104,205 | 42,029 | 62,176 | 76.0 | 20% |
| 2022 | 138,032 | 65,143 | 72,889 | 62.5 | 32% |
| 2023 | 154,230 | 76,992 | 77,238 | 64.9 | 29% |
In its most recent public year (2023), this organization brought in $77,238 more than it spent. Its reserves stood at about 64.9 months of spending, down from 93.7 in 2020. Staff pay was 29% of spending. $51,663 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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