Smithville Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 212,710 | 253,236 | −40,526 | 2.6 | 36% |
| 2021 | 356,136 | 350,968 | 5,168 | 2.0 | 32% |
| 2022 | 304,278 | 461,744 | −157,466 | 1.0 | 27% |
| 2023 | 184,609 | 214,071 | −29,462 | 0.0 | 31% |
In its most recent public year (2023), this organization spent $29,462 more than it brought in. Its reserves stood at about 0 months of spending, down from 2.6 in 2020. Staff pay was 31% 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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