Mobridge Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 453,853 | 357,655 | 96,198 | 11.1 | 12% |
| 2021 | 470,810 | 441,116 | 29,694 | 9.8 | 10% |
| 2022 | 513,530 | 558,095 | −44,565 | 6.8 | 12% |
| 2023 | 239,307 | 206,611 | 32,696 | 20.2 | 28% |
In its most recent public year (2023), this organization brought in $32,696 more than it spent. Its reserves stood at about 20.2 months of spending, up from 11.1 in 2020. Staff pay was 28% 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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