Rockport-Fulton Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,516,266 | 1,306,995 | 209,271 | 1.9 | 0% |
| 2018 | 540,458 | 661,840 | −121,382 | 1.6 | 0% |
| 2019 | 66,847 | 63,785 | 3,062 | 17.1 | 0% |
| 2020 | 36,036 | 46,093 | −10,057 | 21.1 | 0% |
| 2021 | 87,256 | 67,190 | 20,066 | 18.0 | 0% |
| 2022 | 51,049 | 74,349 | −23,300 | 12.5 | 0% |
In its most recent public year (2022), this organization spent $23,300 more than it brought in. Its reserves stood at about 12.5 months of spending, up from 1.9 in 2017. Staff pay was 0% of spending. $55,268 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 2022. 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
Rockport-Fulton Chamber Foundation's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works