Frisco Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,087,819 | 1,031,624 | 56,195 | 8.8 | 59% |
| 2021 | 1,263,499 | 1,170,708 | 92,791 | 8.7 | 54% |
| 2022 | 1,630,790 | 1,345,987 | 284,803 | 10.1 | 46% |
| 2023 | 1,563,520 | 1,561,524 | 1,996 | 8.7 | 44% |
In its most recent public year (2023), this organization brought in $1,996 more than it spent. Its reserves stood at about 8.7 months of spending. Staff pay was 44% 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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