Lake Whitney Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 40,610 | 40,743 | −133 | 9.2 | — |
| 2018 | 47,147 | 56,346 | −9,199 | 4.9 | — |
| 2019 | 49,625 | 54,538 | −4,913 | 4.0 | — |
| 2020 | 42,135 | 46,048 | −3,913 | 3.7 | — |
| 2021 | 62,491 | 49,958 | 12,533 | 6.4 | — |
| 2022 | 44,280 | 62,948 | −18,668 | 1.5 | — |
| 2023 | 88,055 | 76,048 | 12,007 | 3.2 | — |
In its most recent public year (2023), this organization brought in $12,007 more than it spent. Its reserves stood at about 3.2 months of spending, down from 9.2 in 2017.
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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