Norton Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 101,293 | 87,439 | 13,854 | 0.0 | — |
| 2020 | 120,406 | 114,727 | 5,679 | 0.0 | — |
| 2021 | 100,322 | 107,370 | −7,048 | 0.0 | — |
| 2022 | 76,206 | 113,289 | −37,083 | -3.9 | — |
| 2023 | 128,295 | 115,689 | 12,606 | -2.5 | — |
In its most recent public year (2023), this organization brought in $12,606 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), down from 0 in 2019.
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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