Boardman Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 201,394 | 162,485 | 38,909 | 20.7 | 70% |
| 2021 | 297,826 | 230,065 | 67,761 | 18.1 | 64% |
| 2022 | 339,865 | 283,270 | 56,595 | 17.1 | 64% |
| 2023 | 334,422 | 355,197 | −20,775 | 13.0 | 57% |
In its most recent public year (2023), this organization spent $20,775 more than it brought in. Its reserves stood at about 13 months of spending, down from 20.7 in 2020. 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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