Beloit Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 35,557 | 35,376 | 181 | 19.8 | — |
| 2012 | 42,143 | 41,866 | 277 | 19.0 | — |
| 2014 | 52,590 | 39,672 | 12,918 | 3.9 | 63% |
| 2017 | 57,134 | 43,617 | 13,517 | 20.0 | — |
| 2018 | 44,277 | 56,036 | −11,759 | 13.1 | — |
| 2019 | 68,271 | 53,311 | 14,960 | 17.1 | — |
| 2020 | 52,273 | 52,417 | −144 | 17.3 | — |
| 2021 | 47,154 | 48,581 | −1,427 | 16.8 | — |
| 2022 | 45,547 | 50,449 | −4,902 | 15.0 | — |
| 2023 | 53,629 | 54,629 | −1,000 | 13.7 | — |
In its most recent public year (2023), this organization spent $1,000 more than it brought in. Its reserves stood at about 13.7 months of spending, down from 19.8 in 2011.
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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