Korean Language Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 51,110 | 73,897 | −22,787 | 0.3 | — |
| 2013 | 60,268 | 60,077 | 191 | 0.4 | — |
| 2014 | 74,588 | 31,564 | 43,024 | 17.1 | — |
| 2015 | 42,075 | 27,851 | 14,224 | 25.5 | — |
| 2016 | 13,170 | 45,705 | −32,535 | 7.0 | — |
| 2017 | 70,800 | 47,078 | 23,722 | 12.7 | — |
| 2018 | 348,941 | 264,850 | 84,091 | 6.1 | 0% |
| 2019 | 133,412 | 193,822 | −60,410 | 4.5 | — |
| 2020 | 70,981 | 88,133 | −17,152 | 7.7 | — |
| 2021 | 39,930 | 34,465 | 5,465 | 21.5 | — |
| 2022 | 54,573 | 41,823 | 12,750 | 21.4 | — |
| 2023 | 61,550 | 24,097 | 37,453 | 55.8 | — |
In its most recent public year (2023), this organization brought in $37,453 more than it spent. Its reserves stood at about 55.8 months of spending, up from 0.3 in 2012.
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
Korean Language Foundation Inc'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