Praise Korean Cultural Community Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 100,530 | 81,146 | 19,384 | 5.8 | — |
| 2010 | 83,150 | 71,753 | 11,397 | 8.5 | — |
| 2011 | 69,380 | 73,520 | −4,140 | 7.6 | — |
| 2012 | 81,735 | 91,832 | −10,097 | 4.8 | — |
| 2013 | 89,473 | 92,121 | −2,648 | 4.4 | — |
| 2014 | 106,864 | 103,408 | 3,456 | 4.3 | — |
| 2015 | 122,591 | 111,899 | 10,692 | 5.2 | — |
| 2016 | 123,554 | 143,996 | −20,442 | 2.3 | — |
| 2017 | 119,359 | 123,278 | −3,919 | 2.3 | — |
| 2018 | 118,550 | 124,681 | −6,131 | 1.7 | — |
| 2019 | 161,349 | 134,705 | 26,644 | 3.9 | — |
| 2020 | 113,150 | 124,168 | −11,018 | 3.2 | — |
| 2021 | 155,445 | 142,194 | 13,251 | 3.9 | — |
| 2022 | 136,232 | 142,017 | −5,785 | 3.4 | — |
| 2023 | 132,480 | 146,189 | −13,709 | 2.2 | — |
In its most recent public year (2023), this organization spent $13,709 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 5.8 in 2009.
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
Praise Korean Cultural Community Center'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