Danang Foundation Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 132,436 | 132,242 | 194 | 4.8 | 0% |
| 2012 | 124,542 | 102,448 | 22,094 | 8.1 | 18% |
| 2013 | 114,055 | 113,294 | 761 | 4.7 | 18% |
| 2014 | 378,083 | 363,838 | 14,245 | 2.3 | 10% |
| 2015 | 1,798,887 | 389,018 | 1,409,869 | 45.7 | 19% |
| 2016 | 193,983 | 359,522 | −165,539 | 43.6 | 26% |
| 2017 | 227,039 | 313,391 | −86,352 | 46.7 | 23% |
| 2018 | 2,075,513 | 1,489,975 | 585,538 | 14.5 | 3% |
| 2019 | 221,269 | 348,460 | −127,191 | 52.6 | 13% |
| 2020 | 231,981 | 216,440 | 15,541 | 85.6 | 17% |
| 2021 | 167,688 | 271,171 | −103,483 | 63.7 | 17% |
| 2022 | 285,025 | 350,498 | −65,473 | 47.1 | 16% |
| 2023 | 331,333 | 518,756 | −187,423 | 27.5 | 9% |
In its most recent public year (2023), this organization spent $187,423 more than it brought in. Its reserves stood at about 27.5 months of spending, up from 4.8 in 2011. Staff pay was 9% 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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