Phillips County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 99,926 | 116,074 | −16,148 | 81.8 | 53% |
| 2020 | 97,882 | 126,291 | −28,409 | 67.1 | 34% |
| 2021 | 100,373 | 82,148 | 18,225 | 120.7 | 53% |
| 2022 | 101,039 | 92,114 | 8,925 | 110.3 | 54% |
In its most recent public year (2022), this organization brought in $8,925 more than it spent. Its reserves stood at about 110.3 months of spending, up from 81.8 in 2019. Staff pay was 54% 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 2022. 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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