Korean American Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 208,411 | 137,726 | 70,685 | 40.4 | 42% |
| 2013 | 188,349 | 154,808 | 33,541 | 38.5 | — |
| 2014 | 224,292 | 155,697 | 68,595 | 43.6 | 59% |
| 2015 | 180,649 | 139,789 | 40,860 | 52.1 | 65% |
| 2016 | 197,726 | 171,973 | 25,753 | 44.1 | 46% |
| 2017 | 288,974 | 185,011 | 103,963 | 47.8 | 47% |
| 2018 | 274,171 | 199,124 | 75,047 | 48.9 | 41% |
| 2019 | 275,132 | 230,036 | 45,096 | 44.7 | 36% |
| 2020 | 78,950 | 144,766 | −65,816 | 65.5 | 47% |
| 2021 | 389,018 | 113,809 | 275,209 | 112.4 | 62% |
| 2022 | 313,802 | 239,914 | 73,888 | 57.0 | 43% |
| 2023 | 146,641 | 266,876 | −120,235 | 45.8 | 43% |
In its most recent public year (2023), this organization spent $120,235 more than it brought in. Its reserves stood at about 45.8 months of spending, up from 40.4 in 2012. Staff pay was 43% 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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