Korean American Association Of Greater Cleveland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,869 | 62,522 | −1,653 | 12.7 | — |
| 2012 | 65,306 | 65,146 | 160 | 12.2 | — |
| 2013 | 56,497 | 54,953 | 1,544 | 14.8 | — |
| 2014 | 64,766 | 57,249 | 7,517 | 15.8 | — |
| 2015 | 59,493 | 54,360 | 5,133 | 17.9 | — |
| 2016 | 69,941 | 38,658 | 31,283 | 30.0 | — |
| 2017 | 68,969 | 30,183 | 38,786 | 41.7 | — |
| 2018 | 61,213 | 33,901 | 27,312 | 46.8 | — |
| 2019 | 36,247 | 29,424 | 6,823 | 51.0 | — |
| 2020 | 12,909 | 9,507 | 3,402 | 162.1 | — |
| 2021 | 3,142 | 2,954 | 188 | 522.6 | — |
| 2022 | 18,128 | 15,781 | 2,347 | 99.5 | — |
| 2023 | 91,122 | 32,585 | 58,537 | 84.5 | — |
In its most recent public year (2023), this organization brought in $58,537 more than it spent. Its reserves stood at about 84.5 months of spending, up from 12.7 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 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
Korean American Association Of Greater Cleveland's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works