Fort Sumner Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 42,384 | 37,789 | 4,595 | 7.1 | — |
| 2018 | 42,293 | 45,053 | −2,760 | 15.6 | — |
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 42,531 | 30,579 | 11,952 | 25.8 | — |
| 2022 | 39,506 | 40,001 | −495 | 19.6 | — |
| 2023 | 42,298 | 46,470 | −4,172 | 15.8 | — |
In its most recent public year (2023), this organization spent $4,172 more than it brought in. Its reserves stood at about 15.8 months of spending, up from 7.1 in 2016.
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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