Korean American Association Of New Jersey
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 231,918 | 222,447 | 9,471 | 0.1 | 11% |
| 2012 | 209,089 | 183,900 | 25,189 | 1.8 | 5% |
| 2013 | 220,789 | 258,459 | −37,670 | -0.5 | 9% |
| 2014 | 211,168 | 208,333 | 2,835 | -0.4 | 0% |
| 2015 | 218,413 | 202,681 | 15,732 | 0.5 | 0% |
| 2016 | 193,427 | 197,244 | −3,817 | 0.3 | 0% |
| 2017 | 221,608 | 222,400 | −792 | 0.2 | 0% |
| 2018 | 303,225 | 282,592 | 20,633 | 1.0 | 0% |
| 2019 | 296,209 | 265,630 | 30,579 | 2.5 | 9% |
| 2020 | 88,250 | 107,875 | −19,625 | 3.9 | 9% |
| 2021 | 209,265 | 179,859 | 29,406 | 4.3 | 12% |
| 2022 | 165,218 | 178,690 | −13,472 | 1.5 | 16% |
| 2023 | 262,305 | 254,648 | 7,657 | 1.4 | 0% |
In its most recent public year (2023), this organization brought in $7,657 more than it spent. Its reserves stood at about 1.4 months of spending, up from 0.1 in 2011. 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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