Chamber Of Commerce Palisade
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 190,685 | 229,457 | −38,772 | -0.2 | 41% |
| 2021 | 335,838 | 303,143 | 32,695 | 1.1 | 24% |
| 2022 | 344,116 | 350,743 | −6,627 | 0.8 | 27% |
| 2023 | 460,620 | 436,445 | 24,175 | 1.3 | 21% |
In its most recent public year (2023), this organization brought in $24,175 more than it spent. Its reserves stood at about 1.3 months of spending, up from -0.2 in 2020. Staff pay was 21% 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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