Springfield Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 683,318 | 616,903 | 66,415 | 4.5 | 55% |
| 2020 | 711,670 | 612,476 | 99,194 | 6.4 | 63% |
| 2021 | 819,154 | 648,365 | 170,789 | 9.2 | 58% |
| 2022 | 761,415 | 715,793 | 45,622 | 9.1 | 60% |
| 2023 | 833,510 | 799,367 | 34,143 | 8.7 | 57% |
In its most recent public year (2023), this organization brought in $34,143 more than it spent. Its reserves stood at about 8.7 months of spending, up from 4.5 in 2019. Staff pay was 57% 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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