Kern River Valley Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 19,723 | 38,485 | −18,762 | 54.4 | 39% |
| 2021 | 109,225 | 38,073 | 71,152 | 77.8 | 34% |
| 2022 | 69,641 | 48,495 | 21,146 | 65.8 | 41% |
| 2023 | 56,385 | 53,483 | 2,902 | 60.4 | 35% |
In its most recent public year (2023), this organization brought in $2,902 more than it spent. Its reserves stood at about 60.4 months of spending, up from 54.4 in 2020. Staff pay was 35% 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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