Hong Bang Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 62,549 | 65,438 | −2,889 | 3.6 | — |
| 2011 | 17,995 | 15,732 | 2,263 | 16.8 | — |
| 2018 | 60,887 | 65,756 | −4,869 | 1.2 | 0% |
| 2020 | 82,489 | 28,536 | 53,953 | 33.1 | 0% |
| 2021 | 100,339 | 127,088 | −26,749 | 4.9 | 0% |
In its most recent public year (2021), this organization spent $26,749 more than it brought in. Its reserves stood at about 4.9 months of spending, up from 3.6 in 2010. Staff pay was 0% 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 2021. 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
Hong Bang Inc's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works