Shoals Area Chamber Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 96,566 | 83,108 | 13,458 | 12.6 | — |
| 2013 | 77,615 | 78,942 | −1,327 | 13.0 | — |
| 2014 | 107,145 | 76,521 | 30,624 | 18.2 | — |
| 2015 | 102,793 | 122,899 | −20,106 | 9.4 | — |
| 2016 | 84,617 | 90,077 | −5,460 | 12.1 | — |
| 2017 | 200,634 | 200,716 | −82 | 5.4 | 0% |
| 2018 | 160,497 | 143,520 | 16,977 | 9.0 | 0% |
| 2019 | 147,063 | 161,936 | −14,873 | 6.9 | 0% |
| 2020 | 147,192 | 174,326 | −27,134 | 4.5 | 0% |
| 2021 | 131,247 | 49,726 | 81,521 | 35.5 | 0% |
| 2022 | 159,477 | 108,385 | 51,092 | 22.0 | 0% |
| 2023 | 117,028 | 93,530 | 23,498 | 28.5 | 0% |
In its most recent public year (2023), this organization brought in $23,498 more than it spent. Its reserves stood at about 28.5 months of spending, up from 12.6 in 2012. Staff pay was 0% 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
Shoals Area Chamber Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works