Wessington Springs Area Chamber & Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 117,040 | 116,095 | 945 | 10.0 | — |
| 2011 | 130,829 | 117,766 | 13,063 | 11.2 | — |
| 2012 | 86,665 | 95,219 | −8,554 | 12.8 | — |
| 2013 | 35,068 | 41,348 | −6,280 | 24.8 | — |
| 2014 | 26,046 | 32,635 | −6,589 | 29.0 | — |
| 2015 | −534 | 49,459 | −49,993 | 7.0 | — |
| 2016 | 32,095 | 20,446 | 11,649 | 23.8 | — |
| 2017 | 33,653 | 20,954 | 12,699 | 30.3 | — |
| 2018 | 22,264 | 14,859 | 7,405 | 48.7 | — |
| 2019 | 170,266 | 35,708 | 134,558 | 65.5 | — |
| 2020 | 215,136 | 81,471 | 133,665 | 52.2 | 28% |
| 2021 | 118,641 | 130,881 | −12,240 | 6.9 | — |
| 2022 | 50,547 | 62,108 | −11,561 | 12.3 | — |
| 2023 | 43,966 | 27,237 | 16,729 | 35.7 | — |
In its most recent public year (2023), this organization brought in $16,729 more than it spent. Its reserves stood at about 35.7 months of spending, up from 10 in 2010.
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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