Ridgefield Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 108,364 | 130,797 | −22,433 | -4.7 | 65% |
| 2020 | 83,327 | 83,312 | 15 | -7.3 | 51% |
| 2021 | 107,434 | 67,389 | 40,045 | -3.1 | 64% |
| 2022 | 125,791 | 107,401 | 18,390 | 1.5 | 40% |
| 2023 | 190,786 | 111,191 | 79,595 | 0.7 | 53% |
In its most recent public year (2023), this organization brought in $79,595 more than it spent. Its reserves stood at about 0.7 months of spending, up from -4.7 in 2019. Staff pay was 53% 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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