Borger Chamber Of Commerce And Board Of City Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 131,353 | 139,760 | −8,407 | 24.6 | 51% |
| 2022 | 198,241 | 144,633 | 53,608 | 28.2 | 44% |
| 2023 | 149,403 | 157,207 | −7,804 | 25.4 | 43% |
In its most recent public year (2023), this organization spent $7,804 more than it brought in. Its reserves stood at about 25.4 months of spending. Staff pay was 43% of spending. $103,896 of its net assets are donor-restricted.
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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