Karina Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,585 | 15,663 | −78 | 0.6 | — |
| 2020 | 256,656 | 125,944 | 130,712 | 13.4 | 70% |
| 2021 | 474,246 | 281,682 | 192,564 | 14.2 | 62% |
| 2022 | 558,958 | 411,242 | 147,716 | 14.3 | 27% |
| 2023 | 600,535 | 626,834 | −26,299 | 7.3 | 64% |
In its most recent public year (2023), this organization spent $26,299 more than it brought in. Its reserves stood at about 7.3 months of spending, up from 0.6 in 2011. Staff pay was 64% 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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