Palms West Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 965,988 | 974,606 | −8,618 | 4.1 | 42% |
| 2012 | 1,042,505 | 1,042,196 | 309 | 7.5 | 37% |
| 2013 | 1,412,811 | 1,388,342 | 24,469 | 5.9 | 9% |
| 2014 | 927,964 | 1,147,713 | −219,749 | 4.8 | 44% |
| 2015 | 686,524 | 844,782 | −158,258 | 4.0 | 42% |
| 2016 | 600,209 | 754,077 | −153,868 | 2.0 | 44% |
| 2017 | 601,418 | 846,619 | −245,201 | -1.7 | 36% |
| 2018 | 609,746 | 620,237 | −10,491 | -2.5 | 45% |
| 2019 | 660,899 | 687,712 | −26,813 | -2.7 | 47% |
| 2020 | 527,187 | 538,812 | −11,625 | -3.7 | 54% |
| 2021 | 333,826 | 379,820 | −45,994 | -6.7 | 64% |
| 2022 | 567,905 | 370,867 | 197,038 | -0.5 | 55% |
| 2023 | 343,108 | 343,537 | −429 | -0.5 | 47% |
| 2024 | 354,212 | 374,834 | −20,622 | -1.2 | 51% |
In its most recent public year (2024), this organization spent $20,622 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 4.1 in 2011. Staff pay was 51% 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 2024. 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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