Hong Lok
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 113,455 | 0 | 113,455 | — | — |
| 2011 | 213,655 | 263,331 | −49,676 | 218.1 | 9% |
| 2012 | 390,385 | 318,932 | 71,453 | 182.8 | 19% |
| 2013 | 234,253 | 371,325 | −137,072 | 152.5 | 19% |
| 2014 | 283,728 | 362,925 | −79,197 | 153.5 | 20% |
| 2015 | 289,032 | 429,902 | −140,870 | 125.6 | 18% |
| 2016 | 309,234 | 412,695 | −103,461 | 127.8 | 17% |
| 2017 | 311,452 | 400,260 | −88,808 | 129.2 | 21% |
| 2018 | 291,554 | 424,581 | −133,027 | 118.0 | 0% |
| 2019 | 310,557 | 392,896 | −82,339 | 125.0 | 0% |
| 2020 | 333,567 | 406,515 | −72,948 | 118.7 | 0% |
| 2021 | 430,317 | 422,484 | 7,833 | 114.4 | 19% |
| 2022 | 292,294 | 511,531 | −219,237 | 89.3 | 21% |
| 2023 | 357,187 | 502,031 | −144,844 | 87.6 | 23% |
In its most recent public year (2023), this organization spent $144,844 more than it brought in. Its reserves stood at about 87.6 months of spending. Staff pay was 23% 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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