Old Saybrook Chamber Of Commerce Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 180,405 | 184,424 | −4,019 | 8.1 | — |
| 2021 | 273,253 | 204,727 | 68,526 | 11.3 | 48% |
| 2022 | 245,448 | 248,131 | −2,683 | 9.2 | 48% |
| 2023 | 301,998 | 284,063 | 17,935 | 8.8 | 45% |
In its most recent public year (2023), this organization brought in $17,935 more than it spent. Its reserves stood at about 8.8 months of spending. Staff pay was 45% 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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