Bedford County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 220,668 | 233,971 | −13,303 | -4.2 | 62% |
| 2012 | 206,970 | 223,362 | −16,392 | -5.3 | 64% |
| 2013 | 252,682 | 236,088 | 16,594 | -4.1 | 60% |
| 2014 | 249,023 | 262,317 | −13,294 | -4.3 | 61% |
| 2015 | 276,568 | 280,993 | −4,425 | -4.2 | 61% |
| 2016 | 295,985 | 287,160 | 8,825 | -3.8 | 59% |
| 2017 | 307,533 | 288,958 | 18,575 | -3.0 | 56% |
| 2018 | 254,703 | 279,776 | −25,073 | -4.2 | 55% |
| 2019 | 236,634 | 236,627 | 7 | -4.9 | 57% |
| 2020 | 261,762 | 177,811 | 83,951 | -0.9 | 58% |
| 2021 | 215,643 | 188,523 | 27,120 | 0.7 | 51% |
| 2022 | 194,152 | 184,901 | 9,251 | 1.5 | 61% |
| 2023 | 221,895 | 248,521 | −26,626 | -0.4 | 48% |
In its most recent public year (2023), this organization spent $26,626 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months), up from -4.2 in 2011. Staff pay was 48% of spending.
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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