Asian Business Association Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 393,551 | 384,200 | 9,351 | 1.3 | 0% |
| 2021 | 400,001 | 392,251 | 7,750 | 1.5 | 0% |
| 2022 | 358,750 | 368,465 | −9,715 | 1.2 | 6% |
In its most recent public year (2022), this organization spent $9,715 more than it brought in. Its reserves stood at about 1.2 months of spending. Staff pay was 6% 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 2022. 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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