everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Hoyt Lakes Chamber Of Commerce Inc

Hoyt Lakes, MN / EIN 41-1632643 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011−3,0290−3,029
201214,641014,641
20134,59904,599
2014−3,0690−3,069
201512,046012,046
201646,215046,215
2017−3,7771,633−5,410472.80%
20183,3992,2731,126346.40%
2019−1,083325−1,4082370.60%
2020−25,7443,979−29,723104.00%
202146,69621,11725,57934.10%
202258,44714,55043,89785.70%
2023−2172,404−2,621505.80%

In its most recent public year (2023), this organization spent $2,621 more than it brought in. Its reserves stood at about 505.8 months of spending. Staff pay was 0% 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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