Hendersonville Area Chamber Of Commerce Foundation
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $28,596 | $28,173 | $423 | 11.9 | — |
| 2021 | $32,595 | $22,634 | $9,961 | 20.1 | — |
| 2022 | $29,007 | $17,397 | $11,610 | 34.2 | — |
In its most recent public year (2022), this organization brought in $11,610 more than it spent. Its reserves stood at about 34.2 months of spending, up from 11.9 in 2020.
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 2022. 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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