Durant Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 396,274 | 354,980 | 41,294 | 3.9 | 56% |
| 2021 | 460,438 | 398,377 | 62,061 | 5.4 | 50% |
| 2022 | 564,636 | 568,373 | −3,737 | 4.1 | 41% |
| 2023 | 625,071 | 656,428 | −31,357 | 2.9 | 39% |
In its most recent public year (2023), this organization spent $31,357 more than it brought in. Its reserves stood at about 2.9 months of spending. Staff pay was 39% 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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