Lac Hong Vietnamese Language School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,207 | 3,996 | 15,211 | 45.7 | — |
| 2012 | 10,225 | 14,622 | −4,397 | 8.9 | — |
| 2013 | 19,295 | 18,189 | 1,106 | 7.9 | — |
| 2016 | 41,356 | 28,402 | 12,954 | 13.1 | — |
| 2017 | 51,536 | 38,041 | 13,495 | 14.0 | — |
| 2018 | 39,750 | 46,843 | −7,093 | 9.6 | — |
| 2019 | 54,129 | 44,023 | 10,106 | 13.0 | — |
| 2020 | 40,881 | 22,468 | 18,413 | 35.2 | — |
| 2022 | 0 | 1,633 | −1,633 | 464.1 | — |
| 2024 | 17,136 | 27,554 | −10,418 | 21.7 | — |
In its most recent public year (2024), this organization spent $10,418 more than it brought in. Its reserves stood at about 21.7 months of spending, down from 45.7 in 2011.
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 2024. 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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