Heber Springs Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 93,649 | 88,173 | 5,476 | 4.8 | 62% |
| 2021 | 120,413 | 75,054 | 45,359 | 12.9 | 61% |
| 2022 | 77,699 | 91,878 | −14,179 | 8.6 | 61% |
| 2023 | 110,198 | 108,009 | 2,189 | 7.5 | 62% |
In its most recent public year (2023), this organization brought in $2,189 more than it spent. Its reserves stood at about 7.5 months of spending, up from 4.8 in 2020. Staff pay was 62% 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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