Korean American Association Of Greater New York Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 228,841 | 235,510 | −6,669 | 27.7 | 5% |
| 2013 | 275,158 | 337,728 | −62,570 | 17.1 | 6% |
| 2014 | 576,064 | 447,658 | 128,406 | 16.3 | 19% |
| 2015 | 425,907 | 633,194 | −207,287 | 7.6 | 17% |
| 2016 | 362,123 | 457,282 | −95,159 | 11.2 | 16% |
| 2017 | 836,664 | 601,460 | 235,204 | 13.2 | 12% |
| 2018 | 587,295 | 633,259 | −45,964 | 11.7 | 0% |
| 2019 | 420,559 | 442,818 | −22,259 | 25.5 | 0% |
| 2020 | 477,732 | 397,688 | 80,044 | 30.7 | 6% |
| 2021 | 2,022,836 | 1,721,765 | 301,071 | 5.6 | 5% |
| 2022 | 873,620 | 950,881 | −77,261 | 9.1 | 6% |
| 2023 | 469,352 | 673,949 | −204,597 | 9.2 | 3% |
| 2024 | 438,647 | 447,421 | −8,774 | 13.7 | 5% |
In its most recent public year (2024), this organization spent $8,774 more than it brought in. Its reserves stood at about 13.7 months of spending, down from 27.7 in 2012. Staff pay was 5% 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 2024. 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
Korean American Association Of Greater New York Inc's IRS filings as a feed — one entry per filing year, through 2024. 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