Mexia Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 59,076 | 66,360 | −7,284 | 26.1 | 74% |
| 2021 | 68,391 | 73,624 | −5,233 | 23.6 | — |
| 2022 | 94,628 | 65,773 | 28,855 | 29.8 | — |
| 2023 | 116,664 | 74,671 | 41,993 | 33.1 | 75% |
In its most recent public year (2023), this organization brought in $41,993 more than it spent. Its reserves stood at about 33.1 months of spending, up from 26.1 in 2020. Staff pay was 75% 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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