Korean American Economic Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 132,775 | 127,467 | 5,308 | 0.4 | 0% |
| 2013 | 84,973 | 75,399 | 9,574 | 2.3 | 0% |
| 2014 | 45,175 | 30,987 | 14,188 | 5.5 | 0% |
| 2015 | 154,270 | 118,089 | 36,181 | 5.1 | 0% |
| 2016 | 82,320 | 53,201 | 29,119 | 12.0 | 0% |
| 2017 | 30,930 | 29,020 | 1,910 | 12.8 | 0% |
| 2018 | 26,950 | 23,021 | 3,929 | 18.2 | 0% |
| 2019 | 19,920 | 17,013 | 2,907 | 26.7 | 0% |
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 35,000 | 24,800 | 10,200 | 4.9 | 0% |
| 2022 | 3,500 | 2,053 | 1,447 | 68.1 | 0% |
| 2023 | 6,000 | 2,200 | 3,800 | 84.3 | 0% |
In its most recent public year (2023), this organization brought in $3,800 more than it spent. Its reserves stood at about 84.3 months of spending, up from 0.4 in 2012. 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 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 Economic Center 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