Simpsonville Area Chamber Of Commerce Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 111,980 | 124,964 | −12,984 | 1.0 | — |
| 2020 | 7,501 | 1,235 | 6,266 | 162.0 | — |
| 2021 | 5,389 | 7,400 | −2,011 | 23.8 | — |
| 2022 | 270 | 6,593 | −6,323 | 15.2 | — |
| 2023 | 18,862 | 792 | 18,070 | 400.2 | — |
In its most recent public year (2023), this organization brought in $18,070 more than it spent. Its reserves stood at about 400.2 months of spending, up from 1 in 2019.
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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