Hasang Institute For Korean-American Culture And Educat
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 176,262 | 170,467 | 5,795 | 6.6 | 48% |
| 2011 | 226,012 | 182,059 | 43,953 | 9.0 | 48% |
| 2012 | 165,499 | 166,209 | −710 | 9.9 | 50% |
| 2013 | 214,818 | 202,688 | 12,130 | 8.8 | 54% |
| 2014 | 221,461 | 236,914 | −15,453 | 6.7 | 57% |
| 2015 | 205,443 | 207,442 | −1,999 | 7.6 | 52% |
| 2016 | 235,514 | 206,051 | 29,463 | 9.4 | 52% |
| 2017 | 219,930 | 205,067 | 14,863 | 10.3 | 58% |
| 2018 | 196,112 | 207,795 | −11,683 | 9.5 | 57% |
| 2019 | 231,270 | 236,340 | −5,070 | 8.1 | 58% |
| 2020 | 30,593 | 50,886 | −20,293 | 32.6 | 52% |
| 2021 | 84,985 | 82,966 | 2,019 | 20.3 | 59% |
| 2022 | 228,835 | 178,193 | 50,642 | 12.9 | 63% |
| 2023 | 272,903 | 214,524 | 58,379 | 14.0 | 58% |
In its most recent public year (2023), this organization brought in $58,379 more than it spent. Its reserves stood at about 14 months of spending, up from 6.6 in 2010. Staff pay was 58% 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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