Jeff C Kwok And Gladys W Kwok Fam Foundatioin
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 245,153 | 243,530 | 1,623 | 86.6 | 0% |
| 2011 | 158,363 | 210,541 | −52,178 | 97.2 | 0% |
| 2012 | 1,064,757 | 372,201 | 692,556 | 77.3 | 0% |
| 2013 | 270,802 | 469,412 | −198,610 | 56.2 | 0% |
| 2014 | 486,068 | 441,127 | 44,941 | 61.1 | 0% |
| 2015 | 245,700 | 293,196 | −47,496 | 89.9 | 0% |
| 2016 | 198,000 | 219,311 | −21,311 | 119.1 | 0% |
| 2017 | 423,395 | 222,670 | 200,725 | 128.1 | 0% |
| 2018 | 459,473 | 298,935 | 160,538 | 101.9 | 0% |
| 2019 | 501,771 | 330,185 | 171,586 | 98.5 | 0% |
| 2020 | 1,925,386 | 663,610 | 1,261,776 | 71.8 | 0% |
| 2021 | 511,300 | 500,965 | 10,335 | 95.4 | 0% |
| 2022 | 476,300 | 363,260 | 113,040 | 135.2 | 0% |
| 2023 | 397,008 | 454,591 | −57,583 | 106.6 | 0% |
In its most recent public year (2023), this organization spent $57,583 more than it brought in. Its reserves stood at about 106.6 months of spending, up from 86.6 in 2010. Staff pay was 0% 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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