Glenwood Springs Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 484,875 | 483,201 | 1,674 | 0.2 | 0% |
| 2021 | 28,851 | 25,618 | 3,233 | 4.7 | 0% |
| 2022 | 180,734 | 178,491 | 2,243 | 0.8 | 0% |
| 2023 | 224,455 | 185,303 | 39,152 | 3.3 | 0% |
In its most recent public year (2023), this organization brought in $39,152 more than it spent. Its reserves stood at about 3.3 months of spending, up from 0.2 in 2020. Staff pay was 0% 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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