Paramount Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 214,764 | 210,167 | 4,597 | 6.0 | 44% |
| 2022 | 233,600 | 235,224 | −1,624 | 5.3 | 44% |
| 2023 | 255,621 | 277,181 | −21,560 | 3.6 | 40% |
| 2024 | 263,133 | 259,517 | 3,616 | 4.0 | 40% |
In its most recent public year (2024), this organization brought in $3,616 more than it spent. Its reserves stood at about 4 months of spending, down from 6 in 2021. Staff pay was 40% 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 2024. 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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