Niceville-Valparaiso Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 237,384 | 254,928 | −17,544 | 10.3 | 55% |
| 2021 | 320,777 | 285,809 | 34,968 | 10.7 | 59% |
| 2022 | 308,661 | 313,092 | −4,431 | 9.6 | 58% |
| 2023 | 319,160 | 314,957 | 4,203 | 9.7 | 59% |
In its most recent public year (2023), this organization brought in $4,203 more than it spent. Its reserves stood at about 9.7 months of spending. Staff pay was 59% of spending. $351,393 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 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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