Sanford Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 163,614 | 202,491 | −38,877 | -0.3 | 64% |
| 2021 | 176,615 | 153,794 | 22,821 | 1.4 | 47% |
| 2022 | 91,652 | 79,009 | 12,643 | 9.2 | 52% |
| 2023 | 39,586 | 31,288 | 8,298 | 26.5 | 17% |
In its most recent public year (2023), this organization brought in $8,298 more than it spent. Its reserves stood at about 26.5 months of spending, up from -0.3 in 2020. Staff pay was 17% 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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