Gulf Coast Minority Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 100,799 | 109,804 | −9,005 | -1.0 | — |
| 2020 | 123,493 | 105,817 | 17,676 | 1.0 | — |
| 2022 | 159,554 | 178,732 | −19,178 | 0.2 | — |
| 2023 | 128,754 | 139,127 | −10,373 | -0.6 | — |
In its most recent public year (2023), this organization spent $10,373 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months).
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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