Prospect Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 64,836 | 66,018 | −1,182 | 3.6 | — |
| 2012 | 60,090 | 61,894 | −1,804 | 3.5 | — |
| 2013 | 74,611 | 72,808 | 1,803 | 3.3 | — |
| 2014 | 57,766 | 60,279 | −2,513 | 3.5 | — |
| 2015 | 101,257 | 67,676 | 33,581 | 9.0 | — |
| 2016 | 50,220 | 63,068 | −12,848 | 7.2 | — |
| 2017 | 74,182 | 68,015 | 6,167 | 7.8 | — |
| 2018 | 62,017 | 71,074 | −9,057 | 5.9 | — |
| 2019 | 60,881 | 70,277 | −9,396 | 4.4 | — |
| 2020 | 50,719 | 57,085 | −6,366 | 4.1 | — |
| 2021 | 61,080 | 75,861 | −14,781 | 0.7 | — |
| 2022 | 55,598 | 58,323 | −2,725 | 0.4 | — |
| 2023 | 54,201 | 73,615 | −19,414 | -2.9 | — |
In its most recent public year (2023), this organization spent $19,414 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.9 months), down from 3.6 in 2011.
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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