Sejong Cultural Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 231,602 | 239,899 | −8,297 | 5.4 | 7% |
| 2020 | 91,562 | 78,753 | 12,809 | 18.3 | 25% |
| 2021 | 112,376 | 150,831 | −38,455 | 6.5 | 39% |
| 2022 | 147,426 | 173,057 | −25,631 | 3.9 | 30% |
| 2023 | 99,654 | 116,792 | −17,138 | 4.0 | 0% |
In its most recent public year (2023), this organization spent $17,138 more than it brought in. Its reserves stood at about 4 months of spending, down from 5.4 in 2019. 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
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