The Korean American Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 789,911 | 668,426 | 121,485 | 64.8 | 0% |
| 2012 | 646,975 | 607,209 | 39,766 | 75.0 | 0% |
| 2013 | 931,145 | 771,000 | 160,145 | 61.1 | 0% |
| 2014 | 947,923 | 994,014 | −46,091 | 48.5 | 0% |
| 2015 | 789,111 | 951,917 | −162,806 | 48.5 | 0% |
| 2016 | 560,938 | 771,015 | −210,077 | 57.1 | 0% |
| 2017 | 1,144,563 | 686,825 | 457,738 | 72.8 | 0% |
| 2018 | 968,283 | 690,777 | 277,506 | 70.7 | 0% |
| 2019 | 1,185,463 | 828,136 | 357,327 | 72.8 | 0% |
| 2020 | 844,070 | 782,973 | 61,097 | 83.3 | 0% |
| 2021 | 1,135,969 | 760,511 | 375,458 | 98.0 | 7% |
| 2022 | 1,380,392 | 953,923 | 426,469 | 70.1 | 8% |
| 2023 | 724,706 | 1,090,432 | −365,726 | 64.8 | 9% |
In its most recent public year (2023), this organization spent $365,726 more than it brought in. Its reserves stood at about 64.8 months of spending. Staff pay was 9% of spending. $4,825,145 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
The Korean American Scholarship Foundation'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