Lakeland Area Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,110,218 | 2,066,389 | 43,829 | 1.9 | 45% |
| 2012 | 1,678,842 | 1,724,177 | −45,335 | 0.4 | 40% |
| 2013 | 1,386,597 | 1,428,146 | −41,549 | 0.1 | 41% |
| 2014 | 1,439,422 | 1,460,699 | −21,277 | -0.0 | 42% |
| 2015 | 1,228,181 | 1,149,849 | 78,332 | 0.7 | 46% |
| 2016 | 1,279,822 | 1,208,580 | 71,242 | 1.4 | 42% |
| 2017 | 1,204,690 | 1,190,198 | 14,492 | 1.7 | 43% |
| 2018 | 1,330,547 | 1,336,494 | −5,947 | 1.3 | 47% |
| 2019 | 1,474,483 | 1,470,000 | 4,483 | 1.3 | 40% |
| 2020 | 1,256,845 | 1,052,842 | 204,003 | 4.0 | 54% |
| 2021 | 1,565,095 | 1,107,532 | 457,563 | 8.8 | 40% |
| 2022 | 1,247,070 | 1,249,884 | −2,814 | 7.8 | 35% |
In its most recent public year (2022), this organization spent $2,814 more than it brought in. Its reserves stood at about 7.8 months of spending, up from 1.9 in 2011. Staff pay was 35% of spending. $35,662 of its net assets are donor-restricted.
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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