Korean-American Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,157,070 | 981,836 | 175,234 | 13.4 | 23% |
| 2012 | 1,235,600 | 1,427,304 | −191,704 | 7.6 | 18% |
| 2013 | 1,243,283 | 1,168,543 | 74,740 | 10.0 | 26% |
| 2014 | 1,493,893 | 1,496,444 | −2,551 | 6.8 | 23% |
| 2015 | 1,715,026 | 1,584,491 | 130,535 | 8.4 | 26% |
| 2016 | 1,411,299 | 1,553,181 | −141,882 | 7.4 | 27% |
| 2017 | 1,717,842 | 1,443,123 | 274,719 | 10.3 | 28% |
| 2018 | 2,037,366 | 1,506,506 | 530,860 | 14.1 | 29% |
| 2019 | 1,846,674 | 1,874,237 | −27,563 | 12.9 | 36% |
| 2020 | 2,223,370 | 1,714,507 | 508,863 | 17.6 | 27% |
| 2021 | 3,532,545 | 2,526,804 | 1,005,741 | 16.7 | 21% |
| 2022 | 3,884,951 | 3,105,762 | 779,189 | 16.6 | 24% |
| 2023 | 2,723,571 | 3,378,452 | −654,881 | 13.0 | 26% |
In its most recent public year (2023), this organization spent $654,881 more than it brought in. Its reserves stood at about 13 months of spending. Staff pay was 26% of spending. $1,638,993 of its net assets are donor-restricted.
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
Korean-American Community Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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