Prior Lake Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 196,116 | 190,977 | 5,139 | 7.7 | 0% |
| 2012 | 242,603 | 208,413 | 34,190 | 9.0 | 31% |
| 2013 | 249,812 | 244,380 | 5,432 | 8.0 | 31% |
| 2014 | 261,886 | 258,603 | 3,283 | 7.7 | 32% |
| 2015 | 261,294 | 236,393 | 24,901 | 9.7 | 37% |
| 2016 | 285,905 | 252,361 | 33,544 | 10.6 | 36% |
| 2017 | 301,126 | 314,428 | −13,302 | 8.0 | 31% |
| 2018 | 279,588 | 277,583 | 2,005 | 9.2 | 36% |
| 2019 | 272,062 | 261,089 | 10,973 | 10.3 | 41% |
| 2020 | 215,367 | 208,285 | 7,082 | 13.3 | 47% |
| 2021 | 252,232 | 215,970 | 36,262 | 14.8 | 44% |
| 2022 | 287,288 | 257,988 | 29,300 | 13.8 | 45% |
| 2023 | 311,726 | 301,999 | 9,727 | 12.2 | 43% |
In its most recent public year (2023), this organization brought in $9,727 more than it spent. Its reserves stood at about 12.2 months of spending, up from 7.7 in 2011. Staff pay was 43% 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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