Loong Kong Tien Yee Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 208,072 | 77,006 | 131,066 | 350.5 | 0% |
| 2012 | 141,917 | 107,126 | 34,791 | 255.8 | 0% |
| 2013 | 103,737 | 163,462 | −59,725 | 163.3 | 0% |
| 2014 | 178,925 | 134,710 | 44,215 | 202.1 | 0% |
| 2015 | 227,789 | 179,024 | 48,765 | 155.3 | 0% |
| 2016 | 232,019 | 194,866 | 37,153 | 145.0 | 0% |
| 2017 | 197,211 | 140,722 | 56,489 | 205.6 | 0% |
| 2018 | 437,355 | 358,851 | 78,504 | 83.2 | 0% |
| 2019 | 223,656 | 195,543 | 28,113 | 154.5 | 0% |
| 2020 | 63,178 | 55,634 | 7,544 | 544.6 | 0% |
| 2021 | 293,564 | 58,263 | 235,301 | 568.5 | 0% |
| 2022 | 202,913 | 146,225 | 56,688 | 231.2 | 0% |
| 2023 | 191,665 | 137,633 | 54,032 | 250.3 | 0% |
In its most recent public year (2023), this organization brought in $54,032 more than it spent. Its reserves stood at about 250.3 months of spending, down from 350.5 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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