Waconia Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 214,969 | 214,030 | 939 | 3.6 | 55% |
| 2021 | 311,870 | 208,780 | 103,090 | 9.3 | 31% |
| 2022 | 323,466 | 308,656 | 14,810 | 6.8 | 38% |
| 2023 | 319,868 | 306,645 | 13,223 | 6.9 | 42% |
In its most recent public year (2023), this organization brought in $13,223 more than it spent. Its reserves stood at about 6.9 months of spending, up from 3.6 in 2020. Staff pay was 42% 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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