West Memphis Area Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 118,245 | 131,603 | −13,358 | 10.3 | — |
| 2021 | 136,835 | 113,584 | 23,251 | 14.4 | — |
| 2022 | 184,159 | 111,328 | 72,831 | 22.5 | 64% |
| 2023 | 118,423 | 135,096 | −16,673 | 17.1 | 63% |
In its most recent public year (2023), this organization spent $16,673 more than it brought in. Its reserves stood at about 17.1 months of spending, up from 10.3 in 2020. Staff pay was 63% 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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