Greater Pompano Beach Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 328,620 | 326,132 | 2,488 | 5.8 | 49% |
| 2021 | 1,253,967 | 338,567 | 915,400 | 38.1 | 53% |
| 2022 | 439,675 | 440,250 | −575 | 29.3 | 59% |
| 2023 | 401,690 | 480,514 | −78,824 | 24.9 | 55% |
In its most recent public year (2023), this organization spent $78,824 more than it brought in. Its reserves stood at about 24.9 months of spending, up from 5.8 in 2020. Staff pay was 55% 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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