Franklin Area Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 525,562 | 436,118 | 89,444 | 15.4 | 33% |
| 2020 | 578,629 | 428,646 | 149,983 | 19.9 | 33% |
| 2021 | 761,527 | 431,196 | 330,331 | 29.0 | 32% |
| 2022 | 800,131 | 547,550 | 252,581 | 28.4 | 26% |
| 2023 | 972,151 | 664,784 | 307,367 | 28.9 | 22% |
In its most recent public year (2023), this organization brought in $307,367 more than it spent. Its reserves stood at about 28.9 months of spending, up from 15.4 in 2019. Staff pay was 22% 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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