Midway Chamber Of Commerce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 75,240 | 52,275 | 22,965 | 6.9 | — |
| 2017 | 4,225 | 14,115 | −9,890 | 17.1 | — |
| 2018 | 6,762 | 8,105 | −1,343 | 27.7 | — |
| 2019 | 18,000 | 15,850 | 2,150 | 15.8 | — |
| 2020 | 16,895 | 10,285 | 6,610 | 32.1 | — |
| 2021 | 2,948 | 10,525 | −7,577 | 22.7 | — |
In its most recent public year (2021), this organization spent $7,577 more than it brought in. Its reserves stood at about 22.7 months of spending, up from 6.9 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 2021. 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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